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Updated by Sandi Martin on May 09, 2017
Headline for Because Money | Season 3 Episode 13 | Chris and John Talk Rent vs. Buy
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Because Money | Season 3 Episode 13 | Chris and John Talk Rent vs. Buy

A list of the interesting stuff we mentioned in this episode of Because Money

Source: http://www.becausemoney.ca/s3-ep-13-chris-and-john-talk-rent-vs-buy

Rent vs. Buy: The Investment Spreadsheet

If you haven’t seen this before, it’s a very detailed and customizable rent-vs-buy calculator. It assumes that all else being equal, you can compare apples-to-apples options for your shelter. If buying costs more, the renter will save the difference in monthly cash flow and invest it. It allows you to model a change in interest rates over time (specifying a rate for years 1-5, 5-10, and 10+), includes the effect of transaction fees, house price appreciation, taxes on the renter’s investments, and most importantly: investment returns that compound over time.