Rent vs Buy Calculator (Singapore, 2026)

This model answers the question: “If I rent instead of buy, how much better (or worse) is my end net worth?” It’s not perfect — but it’s vastly better than comparing monthly mortgage vs rent.

Want the framework?
Also: Upfront cash + CPF

Inputs

Interpretation: this is a planning model. Real outcomes depend on valuation, borrowing approval, cash/CPF structure, vacancy, and behavioural discipline.

Results

Mortgage monthly payment
Principal + interest (excludes owner running costs)
End net worth (BUY)
Net sale proceeds after remaining loan & selling costs
End net worth (RENT + INVEST)
Upfront invested + monthly savings invested (or withdrawals)
Winner (net worth)

Break‑even estimate

Break‑even is the first year where the end net worth of buying becomes higher than rent‑and‑invest (or vice versa). It’s a rough indicator — not a promise.

Break‑even year (approx)
Within 1–15 years scan
Average monthly cost (BUY)
Net cost over horizon / months
Average monthly cost (RENT)
Rent + renter costs (no investment effects)
Key sensitivity
Usually: appreciation vs rent inflation
Show breakdown (how this model works)
  1. Buy: you pay upfront (downpayment + buying costs), then mortgage + owner monthly costs. At the end, you sell: net proceeds = sale price − remaining loan − selling costs.
  2. Rent + invest: you invest the upfront cash you didn’t spend buying. Each month, you invest (or withdraw) the difference between buy monthly outflow and rent monthly outflow.
  3. End net worth is compared. This is not a “monthly payment” comparison — it’s a net worth comparison.