Is it better to rent or buy in Ireland?

It depends on how long you stay, prices, rents and what you'd earn investing. Buying has big up-front costs (stamp duty, fees) that take years to recover; renting leaves money to invest. This calculator shows the crossover on your figures.

What does it leave out?

Tax on investment gains, changes in mortgage rates, and the security of owning or renting. Your main home is free of capital gains tax when you sell. Investments usually aren't.

Property

Rent or buy?

Compare the wealth you'd build buying a home with renting and investing the difference, on your own assumptions.

Self-assessment tool. The figures come from your own answers. It isn't advice, and you're responsible for what you file or claim. heypenny.ie is a trading name of Kinch Press. Read the disclaimer.

Common questions

Is it better to rent or buy in Ireland?: It depends on how long you stay, prices, rents and what you'd earn investing. Buying has big up-front costs (stamp duty, fees) that take years to recover; renting leaves money to invest. This calculator shows the crossover on your figures.
What does it leave out?: Tax on investment gains, changes in mortgage rates, and the security of owning or renting. Your main home is free of capital gains tax when you sell. Investments usually aren't.

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