RENTING VS BUYING

Find out how much equity you can gain with a home by Aplace by Glenvill
STEP 1 / VALUE
Property Value
STEP 2 / RENT
Starting Weekly Rent
Yearly Rent increase
Total Rent 5 Years
STEP 3 / BUY
Stamp Duty, LMI, Conveyancing, legal and bank fees etc - typically around 4.5% depending mainly on first mortgage LVR; whether a new property; and whether any grants or concessions are available.
This assumes new property, and no grants or concessions available.
Buying Costs covered by loan
Loan Amount
Average Interest
Monthly Payment
Upfront Fees
Annual Rates / Ins. / water
Total Cost 5 Years
STEP 4 / RESULT
Property Value in Five Years
[No canvas support]
Equity in Five Years
Profit Compared to Renting
Growth
Disclaimer

Please note that future projections rely on input values and assumptions. Therefore outcomes can vary and those shown here are in no way intended to be a guarantee of future performance. This information is provided as an example only on the basis that no person using the information shall have any claim against Glenvill or Wealthfin, its servants, employees or consultants. This information is general in nature and does not take account of your individual needs or circumstances. Purchasers should do their own assessment or seek advice from and independent qualified financial advisor.

Subject to overall finance approval and credit assistance package arranged through Wealthfin Pty Ltd (Credit Licence 411512).
Terms and conditions apply.

Ask about our No Deposit finance solutions, our finance specialist is available to discuss
your situation and work out the best option for you.