Cornell Mortgages
    Contact Us
    Back to Calculators
    Speak with a Broker0428 016 395

    RENT VS BUY CALCULATOR

    Rent or Buy Calculator

    Convert your rent into property value. See the home loan your rent could cover and map out the deposit you need to buy.

    Free to use
    No impact on your credit score
    Not a loan application

    What could your rent be buying instead?

    Tell us what you pay in rent and we'll work backwards — the home loan it could be paying off, and the deposit you'd need to get in at every level.

    Calculator assumptions and limitations

    • The calculated loan amount is based on converting your total selected rent (and any extra contribution) into a Principal & Interest repayment over 30 years at an illustrative rate of 5.99% p.a.

    • Stamp duty figures are simplified estimates. Actual stamp duty varies significantly by state, property type, and specific first-home buyer concessions.

    • The "Cash to get in" figure does not include other purchasing costs such as conveyancing, building inspections, or lender application fees.

    • Results are estimates only and do not represent a quote or loan offer. Actual lender outcomes require a complete credit assessment.