Rent or own?

Rent or own

One of the biggest financial decisions you can make is whether to rent or buy your home or condo. The best way to prepare is to meet with a financial advisor to discuss your plans.

Your advisor can review your financial situation with you and calculate the extra costs of owning, including:

  • property taxes
  • closing costs
  • deposits and down payments
  • mortgage insurance
  • maintenance fees
  • and more.

In the meantime, the calculators below can help you start to compare renting and owning.

Global News Rent or Own Calculator

Scotiabank Rent or Own Calculator

National Bank Rent or Own Calculator

MD Financial Management Rent or Own Calculator