Rent vs Buy Calculator | Merit Financial Services

🏠 Renting

Current Weekly Rent ($)

Expected Annual Rent Increase (%)

Investment Return on Savings (%)

As a renter, the deposit amount you'd otherwise spend on a home gets invested at the return rate above.

Property Price ($)

Deposit ($)

LVR: 80.0% | Loan Amount: $680,000

Interest Rate (%)

Loan Term (years)

First Home Buyer (NSW exemption/concession)

NSW Stamp Duty: $33,435 | LMI: $0

Council Rates ($/yr)

Strata/Body Corp ($/yr)

Insurance ($/yr)

Maintenance (% of value/yr)

Expected Property Growth (%/yr)

Talk to Merit about structuring your first home purchase — we'll help you make the smartest decision for your situation.