House Price
Enter the value of the property that you are considering purchasing. More...

Deposit
Enter the amount that you will be able to put down as a deposit should you decide to buy. If you decide to rent then it is assumed that you will invest this money instead. More...

Mortgage Required
The mortgage required is assumed to be the value of the property less the amount of your deposit if any.

Buying Costs
Enter the costs associated with purchasing the property, such as the cost of a survey, conveyancing costs and stamp duty. More...

Selling Costs
Enter an estimate of the costs that will be associated with selling the property at today's prices. Estate agent's fees and conveyancing fees for example. More...

Interest rate
Enter the average mortgage rate that you anticipate having to pay over the duration of the mortgage, excluding the period of any initial discounted or fixed rate period. More...

Discounted Mortgage
Select this option if the mortgage has an initial period during which the interest rate is discounted or fixed. More...

Discount Term
Enter the period of the initial discounted or fixed interest rate period if appropriate.

Discount Rate
Enter the initial discounted or fixed interest rate if appropriate.

Maintenance
Enter the annual amount that you anticipate having to spend on the maintenance of the property. More...

Property Inflation
Enter your estimate of the annual rate of increase in property prices. More...

Monthly Rent
Enter the monthly rent that you would pay. More...

Rented maintenance
Enter the annual amount, if any, that you anticipate having to spend on maintenance of the rented property. More...

Investment Capital
This is the amount of the purchase deposit that you will be able to invest rather than use as a deposit should you decide to rent rather than buy. More...

Investment Rate of Return
Enter the average investment rate of return that your investment capital will receive. More...

General Inflation
Enter the anticipated average rate of inflation in the Retail Price Index throughout the duration of your residence. More...

Length of Residence
Enter the number of years that you intend to remain in the purchased or rented property. More...

Property Equity Less Expenses
This column shows the net financial result, year by year, of buying a property if you choose to sell your property at the end of that year. The sum consists of mortgage capital, mortgage interest paid, spending on property maintenance and buying and selling costs.

Investment Value Less Expenses
This column shows the net financial result, year by year, of renting a property and investing the funds that you would otherwise use as a deposit where you purchase the property. The sum consists of the predicted future value of your investment capital, less rent and maintenance paid.

Assumptions
It is assumed that selling costs and rent rise in line with property price inflation, while maintenance rises in line with general retail price index inflation.