The main difference between renting and buying lies in the monthly costs and what you get in return. When renting, you pay for something that is not your property. When buying, you own the property, but you are also responsible for its maintenance. Still, many people pay more in rent than they would in mortgage payments.

With our tool, you can calculate the mortgage amount you could get for the rent you are currently paying. It also shows how much you could borrow based on your income.

Discuss my personal situation