Is It Better to Buy or Rent?
Enter property price, down payment, interest rate, current rent and a comparison period to see which costs less over time.
After 10 years
Renting Is More Advantageous
Total Cost of Buying
TRY 6,884,281
Total Cost of Renting
TRY 5,607,075
This is a simplified comparison; it does not include property appreciation, opportunity cost, taxes or maintenance. Rent growth is assumed at 20% per year. Not personal financial advice.
FAQ
Frequently asked questions
What assumptions does this comparison make?
It assumes annual rent growth of 20% and does not account for property appreciation, opportunity cost, taxes or maintenance — it's a simplified comparison, not financial advice.
What is the break-even point?
The year in which the total cost of buying drops below the total cost of renting, if applicable within your comparison period.