Paying rent and wondering if you could own your own place instead? Use our Buy vs Rent Calculator to compare what you pay in rent with the potential cost of owning your first home in Perth.
Many renters are surprised to find that with a low deposit, the First Home Owner Grant and stamp duty savings, a mortgage on a brand new home can sit close to what they already pay in rent. Run your numbers below and see whether it could be time to stop renting.
The calculator is a guide only and should be used as a starting point. Every situation is different, and factors such as income, deposit, grants, and borrowing capacity can all affect your next steps.
If you would like help understanding your options, get in touch with First Homes Perth today.
