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Rent vs Buy Calculator

Free tool for South African traders

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Compare renting and buying a home over the years you plan to stay

Property price (R)

Deposit (%) Most banks want 10% or more for a better rate

Bond interest rate (%) Prime is 10.75% at a 7.25% repo rate

Bond term (years)

Monthly rent for a similar home (R)

Annual rent increase (%) Also used for rates, levies and insurance

Annual property growth (%) Long-run house price growth in your area

Return on invested savings (% a year) What the renter earns on the money not spent

Rates, levies and insurance (R a month) Owner costs a tenant does not pay

Maintenance (% of value a year)

Years you plan to stay

Buying costs excluding transfer duty (R) Conveyancing and bond registration fees

Selling costs (% of sale price) Agent commission, often 5% to 7.5% plus VAT

Your marginal tax rate Used only if the gain exceeds the R3 million exclusion

This calculator is for educational purposes only. Results are estimates based on the figures you enter and current published rates, not financial or tax advice.

↗ Calculation Result

Calculation Breakdown

Full transparency on how this result was calculated.

Net worth: buying (blue) versus renting and investing (green)

Calculator by TradeAnswers Free SA trading calculators Educational tool for South African traders. Not financial advice. Trading involves risk of loss.