Rent vs buy: the honest comparison
"Renting is throwing money away." Is it, though?
The simple version
Owners also 'throw away' money: mortgage interest, repairs, insurance, property taxes and buying and selling costs. Renting gives flexibility and no repair bills. Buying builds equity over time. Which wins depends on prices, rates and how long you stay.
See how rates change the monthly cost of owning.
Open in Tools to save your numbers →Your move
You might move city in 2 years. Rent or buy?
Key takeaway
Compare the unrecoverable costs of each, not rent vs the whole mortgage. And factor in how long you'll stay.
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Last checked September 28, 2026 · Example figures; rules vary by country · General education, not financial advice