NZ Rent vs Buy Calculator
Compare renting versus buying a New Zealand home using mortgage payments, rent growth, ownership costs, investment return, and property price growth.
Regional Rule Context
New Zealand Rates and Rules
Compares a home-buying scenario with a renting scenario using user-entered assumptions for mortgage rate, property growth, rent growth, ownership costs, and investment return.
Enter Values
Result
Enter values above and click Calculate to see your result.
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Scenario calculator only. Results depend heavily on user assumptions for interest rates, property growth, rent growth, costs, selling costs, and investment returns.
Disclaimer: This calculator uses publicly available rules effective as of Apr 18, 2026 (version 1.0). Results are for informational purposes only. Always verify with official sources or a qualified professional. Last reviewed: Apr 18, 2026.
Formula
The buying scenario estimates future property value, remaining loan balance, sale costs, ownership costs, and equity. The renting scenario estimates rent paid and investment growth on the deposit.
New Zealand FAQs
Does this predict house prices?
No. It uses the property growth rate you enter.
Does this include mortgage principal?
Yes. The loan balance after the comparison period is estimated from the amortisation formula.
Does this include tax?
No. Tax on investments, rental income, or property sale is not included.
Why include investment return?
Renters may be able to invest the deposit instead of using it to buy a home.
Is it possible to embed the NZ Rent vs Buy Calculator on another website?
Yes, embedding the NZ Rent vs Buy Calculator is free. Hit the "Embed" button on this page, adjust the width, height, and theme, then grab the iframe code. It works on WordPress, Wix, Squarespace, Shopify, and plain HTML pages. No registration needed. Full instructions at calculory.com/services/embed-calculators.
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