MoneyInJapan

Rent-versus-buy scenario

Buyer costs compared: ¥12,438,155

Rent total: ¥18,000,000 · Buyer equity (not a cost): ¥17,439,013

Assumptions and exclusions

Assumption year: 2026; formula version: 1.0.0

  • Home value is held constant; no appreciation is predicted
  • Down payment and repaid principal are equity, not costs
  • Rates and entered annual percentages remain constant

Excluded: Opportunity cost, sale costs, taxes, insurance, renovations and moving costs

Educational estimate only—not advice, a lending qualification/approval result, or a future-value forecast. Test multiple scenarios.