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Housing calculator

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Housing calculator

Rent first or buy now

Compare a monthly rent against a mortgage, with every derived line shown.

Illustration of coins and a house key resting on a notebook

Your entries

Switching province or price level loads a typical figure; type over it freely.

Rent or buy

Province

Price level

Monthly housing cost

Rent

$5,235

Utilities

Estimated at 20% of rent

$1,047

Tenant insurance

Estimated at 1% of rent

$52

Total monthly housing

$6,334

Two months up front for first and last: $10,470.

Rent levels, purchase prices, tax rates and mortgage rates move with the market. Check current listings and a live mortgage quote as you narrow the shortlist.

Monthly housing

Ontario

$6,334