Should you keep renting, or buy a house?
Here's a great tool to help you work out whether you should buy a house or keep renting your home in South Africa.
Stuck on the question of whether it’s smarter to rent or buy the place you live in? Play around with a rent vs. buy calculator to help you figure out how the maths works out in your situation.
- My favourite remains Rolling Alpha's rent vs. buy calculator, but some of the assumptions are a little out of date, so you might want to play with the defaults.
- As an alternative, Haasendal Estate's calculator has some good South African defaults and benchmarks.
If you're ready to take the plunge, here are some tools and calculators for SA homebuyers.
Happy calculating!
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