Rent vs Buy Calculator
Mortgage or invest the down payment? Compare your net worth after N years under both scenarios
Purchase
Rent
Renter invests the down payment + monthly cost difference
In 10 years it is better to
π Rent
Wealth difference: 1 282 176 003 UZS
In 10 years purchase never breaks even
Your purchase
π Buy
Wealth
811 616 318 UZS
after 10 years
π Rent
Wealth
2 093 792 321 UZS
after 10 years
By year
| Year | π Wealth | π Wealth |
|---|---|---|
| 1 | 145 348 898 UZS | 192 895 469 UZS |
| 2 | 195 079 894 UZS | 286 028 707 UZS |
| 3 | 249 707 282 UZS | 397 380 499 UZS |
| 4 | 309 824 722 UZS | 530 514 725 UZS |
| 5 | 376 120 767 UZS | 689 692 424 UZS |
| 6 | 449 397 846 UZS | 880 008 175 UZS |
| 7 | 530 595 538 UZS | 1 107 553 144 UZS |
| 8 | 620 819 140 UZS | 1 379 610 044 UZS |
| 9 | 721 374 791 UZS | 1 704 886 217 UZS |
| 10 | 811 616 318 UZS | 2 093 792 321 UZS |
Buyer wealth = home value β mortgage balance (minus sale costs in final year). Renter wealth = invested down payment + monthly cost difference.
Property tax: 208 333 UZS/mo. Β· Maintenance: 416 667 UZS/mo.
Uzbekistan's Real Estate Market
In Tashkent, mortgage rates are 22β28% per year, making monthly payments significantly higher than rent for comparable housing. At these rates, renting while investing the down payment is often better over a 5β10 year horizon.
The picture changes if home prices consistently grow above 10β12% per year β then appreciation compensates for the high rate. Adjust the Home price growth parameter and watch the breakeven point shift.
The key takeaway: in a high-rate environment, buying a home is primarily a life decision, not a financial one. If you plan to live there 10+ years β buying is generally justified. For a horizon under 7 years β calculate carefully.