Plug in your actual numbers and see exactly where your money goes — and what you could be building instead.
🏠
Your Rent
What renting has cost you
$
yrs
How many years to compare over
%
Toronto average is ~3–5% per year
🔑
Your Purchase
What owning would look like
$
$
20% of purchase price
%
yrs
$
Toronto avg ~0.6% of assessed value
$
%
Toronto long-term avg ~4–6% per year
Your Comparison Over Years
Total Spent Renting
Cash paid — nothing to show for it
VS
Net Cost of Buying
After equity & appreciation
Equity Built (Buying)
Principal paid + appreciation gain
Interest Paid (Mortgage)
Cost of borrowing over the period
Rent Increases Cost You
Extra paid vs. fixed mortgage payment
Property Value (End)
Estimated value after appreciation
Where Your Money Goes
Rent Paid
Mortgage Payments
Equity Built
Renting Breakdown
Base rent paid
Extra from annual increases
Total cash spent
Equity / assets built$0
Net cost
Buying Breakdown
Mortgage payments
Property tax
Condo / maintenance fees
Total cash spent
Equity built
Appreciation gain
Net cost
Disclaimer: This calculator is for illustrative purposes only. It does not account for closing costs (land transfer tax, legal fees), home insurance, or investment returns on your down payment. Results are estimates based on the inputs provided. Past property appreciation is not a guarantee of future performance. Always consult with a licensed mortgage professional and financial advisor before making a real estate decision.