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Calculate Decisions
Rent Or Buy (Principle Place of Residence)
Decisions
Hotel vs Serviced Apartment?
Rent vs Buy Home?
Unit Cost Alternatives
Unit Cost Budgeting
Rent a house or Buy one
What is this?
Length of Base Scenario
Your Age
Life Expectancy
Rent per week now
Annual rate of rent increase
Costs of moving house
Carpet cleaning cost
Removal cost
How often might your landlord not renew?
Once a year
Every three years
Every five years
Every 10 years
Total: 1,206,926.566
Your deposit
Purchase Price
Loan Amount (price - your deposit)
Loan Term (often 30 years)
Current interest rate of home loan:
Monthly Mortgage
Upfront Costs
Stamp duty cost: (could be free for first home buyers)
Convenancing Cost:
Building and Pest Inspection:
Ongoing Costs (yearly)
Building Insurance (or Body Corporate for apartment) and Contents:
Council Rates: