A rent vs buy calculator helps you compare the costs and benefits of renting versus buying a home over time by considering factors such as your rent, home price, mortgage rate, and the duration you plan to stay in the home. This tool is useful for making informed decisions about whether renting or buying is more financially advantageous based on your personal and financial circumstances. Utilizing this calculator can guide you in your housing decisions, helping you to strategically plan your long-term financial commitments.
Please fill out the handy MFAA Rent vs Buy Calculator to work out how much you could save by owning your own home vs renting.
