{"id":58599,"date":"2026-04-21T14:07:55","date_gmt":"2026-04-21T18:07:55","guid":{"rendered":"https:\/\/www.assur360.ca\/landlord-or-tenant-calculator-2026-should-i-buy-or-rent\/"},"modified":"2026-06-25T23:45:55","modified_gmt":"2026-06-26T03:45:55","slug":"landlord-or-tenant-calculator-2026-should-i-buy-or-rent","status":"publish","type":"page","link":"https:\/\/www.assur360.ca\/en\/assur360-simulators-free-tools-for-your-financial-decisions\/landlord-or-tenant-calculator-2026-should-i-buy-or-rent\/","title":{"rendered":"Landlord or tenant calculator 2026: should I buy or rent?"},"content":{"rendered":"\n<style>#ez-toc-container{display:none!important}\n.vcalc-wrap *{box-sizing:border-box}\n.vcalc-wrap{font-family:'DM Sans',system-ui,sans-serif;background:#ffffff;border:1px solid #e2e8f0;border-radius:16px;padding:0;margin:32px 0;overflow:hidden;box-shadow:0 20px 60px -20px 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rgba(16,196,199,.5)}\n.vcalc-results{background:linear-gradient(135deg,#0d1f2d,#1a3a4a);color:#fff;padding:32px;display:none}\n.vcalc-results.show{display:block}\n.vcalc-verdict{text-align:center;margin-bottom:28px;padding:20px;background:rgba(16,196,199,.15);border:2px solid #10c4c7;border-radius:12px}\n.vcalc-verdict .winner{color:#10c4c7;font-size:13px;text-transform:uppercase;letter-spacing:2px;font-weight:700;margin-bottom:8px}\n.vcalc-verdict h3{color:#fff;font-size:24px;margin:0 0 8px}\n.vcalc-verdict .delta{color:#94a3b8;font-size:15px;margin:0}\n.vcalc-verdict .delta strong{color:#10c4c7;font-size:20px;font-weight:800}\n.vcalc-compare{display:grid;grid-template-columns:1fr 1fr;gap:20px;margin-bottom:24px}\n.vcalc-box{background:rgba(255,255,255,.06);border:1px solid rgba(255,255,255,.12);border-radius:12px;padding:20px}\n.vcalc-box h5{color:#10c4c7;font-size:12px;text-transform:uppercase;letter-spacing:1.5px;margin:0 0 14px;font-weight:700}\n.vcalc-row{display:flex;justify-content:space-between;padding:6px 0;font-size:14px;color:#cbd5e1;border-bottom:1px solid rgba(255,255,255,.06)}\n.vcalc-row:last-child{border-bottom:none}\n.vcalc-row.total{border-top:2px solid #10c4c7;margin-top:8px;padding-top:12px;color:#fff;font-weight:700;font-size:16px}\n.vcalc-row .v{color:#fff;font-weight:600}\n.vcalc-row.total .v{color:#10c4c7;font-size:18px}\n.vcalc-explain{background:rgba(255,255,255,.04);border-radius:10px;padding:16px 20px;font-size:13px;color:#94a3b8;line-height:1.7}\n.vcalc-explain strong{color:#10c4c7}\n@media(max-width:768px){.vcalc-body{grid-template-columns:1fr}.vcalc-col.owner{border-right:none;border-bottom:1px solid #e2e8f0}.vcalc-shared-grid{grid-template-columns:1fr}.vcalc-compare{grid-template-columns:1fr}.vcalc-head h3{font-size:20px}.vcalc-col{padding:22px}}\n<\/style><div class=\"vcalc-wrap\" id=\"vcalc\"><div class=\"vcalc-head\"><h3>Calculator: Owner or Renter?<\/h3><p>Compare the actual cost of buying vs renting over your chosen duration.<\/p><\/div><div class=\"vcalc-body\"><div class=\"vcalc-col owner\"><h4><span>\ud83c\udfe0<\/span> If You Buy<\/h4><div class=\"vcalc-field\"><label>Purchase Price <span class=\"hint\">($)<\/span><\/label><input type=\"number\" id=\"f_prix\" value=\"400000\" min=\"0\" step=\"5000\"\/><\/div><div class=\"vcalc-field\"><label>Down Payment <span class=\"hint\">(%)<\/span><\/label><input type=\"number\" id=\"f_mise\" value=\"20\" min=\"5\" max=\"100\" step=\"1\"\/><\/div><div class=\"vcalc-field\"><label>Mortgage Rate <span class=\"hint\">(% annual)<\/span><\/label><input type=\"number\" id=\"f_taux\" value=\"5.25\" min=\"0\" max=\"15\" step=\"0.05\"\/><\/div><div class=\"vcalc-field\"><label>Amortization <span class=\"hint\">(years)<\/span><\/label><input type=\"number\" id=\"f_amort\" value=\"25\" min=\"5\" max=\"30\" step=\"1\"\/><\/div><div class=\"vcalc-field\"><label>Municipal + School Taxes <span class=\"hint\">($ \/ year)<\/span><\/label><input type=\"number\" id=\"f_taxes\" value=\"3800\" min=\"0\" step=\"100\"\/><\/div><div class=\"vcalc-field\"><label>Home Insurance <span class=\"hint\">($ \/ year)<\/span><\/label><input type=\"number\" id=\"f_assur\" value=\"1200\" min=\"0\" step=\"50\"\/><\/div><div class=\"vcalc-field\"><label>Annual Maintenance <span class=\"hint\">(% of value)<\/span><\/label><input type=\"number\" id=\"f_entretien\" value=\"1.5\" min=\"0\" max=\"10\" step=\"0.1\"\/><\/div><div class=\"vcalc-field\"><label>Condo Fees <span class=\"hint\">($ \/ month \u2014 0 if house)<\/span><\/label><input type=\"number\" id=\"f_condo\" value=\"0\" min=\"0\" step=\"25\"\/><\/div><div class=\"vcalc-field\"><label>Initial Closing Costs <span class=\"hint\">(% of price \u2014 notary, welcome taxes)<\/span><\/label><input type=\"number\" id=\"f_cloture\" value=\"2\" min=\"0\" max=\"10\" step=\"0.25\"\/><\/div><div class=\"vcalc-field\"><label>Property Appreciation <span class=\"hint\">(% \/ year)<\/span><\/label><input type=\"number\" id=\"f_apprec\" value=\"3\" min=\"-5\" max=\"15\" step=\"0.25\"\/><\/div><\/div><div class=\"vcalc-col renter\"><h4><span>\ud83d\udd11<\/span> If You Rent<\/h4><div class=\"vcalc-field\"><label>Monthly Rent <span class=\"hint\">($ \/ month)<\/span><\/label><input type=\"number\" id=\"f_loyer\" value=\"1600\" min=\"0\" step=\"25\"\/><\/div><div class=\"vcalc-field\"><label>Tenant Insurance <span class=\"hint\">($ \/ month)<\/span><\/label><input type=\"number\" id=\"f_assur_loc\" value=\"25\" min=\"0\" step=\"5\"\/><\/div><div class=\"vcalc-field\"><label>Annual Rent Increase <span class=\"hint\">(% \/ year)<\/span><\/label><input type=\"number\" id=\"f_hausse_loyer\" value=\"3\" min=\"0\" max=\"15\" step=\"0.25\"\/><\/div><div class=\"vcalc-field\"><label>Return on Your Investments <span class=\"hint\">(% \/ year, after tax \u2014 e.g. index TFSA)<\/span><\/label><input type=\"number\" id=\"f_rendement\" value=\"6\" min=\"0\" max=\"15\" step=\"0.25\"\/><\/div><div class=\"vcalc-field\"><label style=\"color:#0d1f2d;font-weight:700;font-size:14px;\">\ud83d\udca1 Calculator Principle<\/label><p style=\"color:#475569;font-size:13px;line-height:1.6;margin:0;padding:12px 14px;background:#f0fdfa;border-radius:8px;border-left:3px solid #10c4c7;\">If renting costs less than owning, the difference <strong>+ the down payment that has not been tied up<\/strong> is invested each month at the indicated return.<\/p><\/div><\/div><\/div><div class=\"vcalc-shared\"><h4>\u23f1 Duration of Comparison<\/h4><div class=\"vcalc-shared-grid\"><div class=\"vcalc-field\" style=\"margin:0\"><label>Horizon <span class=\"hint\">(years)<\/span><\/label><input type=\"number\" id=\"f_duree\" value=\"10\" min=\"1\" max=\"30\" step=\"1\"\/><\/div><div class=\"vcalc-field\" style=\"margin:0\"><label>Exit Selling Costs <span class=\"hint\">(% \u2014 broker, notary)<\/span><\/label><input type=\"number\" id=\"f_vente\" value=\"5\" min=\"0\" max=\"10\" step=\"0.5\"\/><\/div><div class=\"vcalc-field\" style=\"margin:0\"><label>Inflation of Charges <span class=\"hint\">(% \/ year on taxes + maintenance)<\/span><\/label><input type=\"number\" id=\"f_infl\" value=\"2.5\" min=\"0\" max=\"10\" step=\"0.25\"\/><\/div><\/div><\/div><div class=\"vcalc-btn-wrap\"><button class=\"vcalc-btn\" id=\"vcalc_btn\" type=\"button\">Calculate My Situation<\/button><\/div><div class=\"vcalc-results\" id=\"vcalc_results\"><div class=\"vcalc-verdict\" id=\"v_verdict\"><\/div><div class=\"vcalc-compare\"><div class=\"vcalc-box\"><h5>\ud83c\udfe0 Owner Scenario<\/h5><div class=\"vcalc-row\"><span>Mortgage Payment \/ month<\/span><span class=\"v\" id=\"r_paiement\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Interest Paid (cumulative)<\/span><span class=\"v\" id=\"r_interets\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Principal Repaid<\/span><span class=\"v\" id=\"r_capital\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Taxes + Insurance + Maintenance<\/span><span class=\"v\" id=\"r_charges\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Closing Costs (initial + sale)<\/span><span class=\"v\" id=\"r_fraisclo\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Value of the House (end)<\/span><span class=\"v\" id=\"r_valmaison\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Mortgage Balance (end)<\/span><span class=\"v\" id=\"r_solde\">\u2014<\/span><\/div><div class=\"vcalc-row total\"><span>Net Worth Owner<\/span><span class=\"v\" id=\"r_net_prop\">\u2014<\/span><\/div><\/div><div class=\"vcalc-box\"><h5>\ud83d\udd11 Renter Scenario<\/h5><div class=\"vcalc-row\"><span>Average Rent \/ month<\/span><span class=\"v\" id=\"r_loyermoy\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Rent + Insurance (cumulative)<\/span><span class=\"v\" id=\"r_totloyer\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Down Payment Invested (at start)<\/span><span class=\"v\" id=\"r_mise\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Monthly Differences Invested<\/span><span class=\"v\" id=\"r_diffinv\">\u2014<\/span><\/div><div class=\"vcalc-row\"><span>Portfolio Return<\/span><span class=\"v\" id=\"r_rendement\">\u2014<\/span><\/div><div class=\"vcalc-row total\"><span>Net Worth Renter<\/span><span class=\"v\" id=\"r_net_loc\">\u2014<\/span><\/div><\/div><\/div><div class=\"vcalc-explain\" id=\"v_explain\"><\/div><\/div><\/div>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:17px;line-height:1.8;color:#334155;\">Buying or renting in Quebec in 2026 is not just a matter of preference. It&#8217;s a financial calculation that depends on the purchase price, the mortgage rate, the rent in your area and\u2014most importantly\u2014the <strong>return you can get elsewhere<\/strong> with the down payment. This free calculator, based on the method popularized by <strong>Fran\u00e7ois Lambert<\/strong> and <strong>CMHC<\/strong> analyses, gives you a numerical answer in 30 seconds. Assur360, an <strong>AMF-certified<\/strong> comparison platform, shares this tool with its clients to help them make an informed choice.   <\/p>\n\n<div style=\"background:linear-gradient(135deg,#0d1f2d,#1a3a4a);border-radius:16px;padding:40px;text-align:center;margin:40px 0;\">\n  <p style=\"color:#94a3b8;font-size:14px;text-transform:uppercase;letter-spacing:2px;margin:0 0 12px;\">REAL ESTATE DECISION<\/p>\n  <h2 style=\"color:#ffffff;font-size:28px;margin:0 0 16px;\"><span class=\"ez-toc-section\" id=\"Is-my-house-really-a-better-investment-than-the-stock-market\"><\/span>Is my house really a better investment than the stock market?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n  <p style=\"color:#94a3b8;margin:0 0 28px;\">The calculator above uses the same logic as financial planners: it compares the net worth of the two scenarios, hidden costs included. Also request a free home insurance quote to anchor your numbers.<\/p>\n  <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\" style=\"background:#10c4c7;color:#0d1f2d;padding:16px 36px;border-radius:8px;font-weight:700;text-decoration:none;font-size:16px;display:inline-block;\">Free home insurance quote<\/a>\n<\/div>\n\n<div style=\"display:grid;grid-template-columns:repeat(4,1fr);gap:0;margin:0 0 40px;border-radius:12px;overflow:hidden;border:1px solid #e2e8f0;\">\n  <div style=\"background:#f8fafc;padding:24px;text-align:center;border-right:1px solid #e2e8f0;\">\n    <div style=\"color:#10c4c7;font-size:32px;font-weight:800;margin-bottom:4px;\">10<\/div>\n    <div style=\"color:#64748b;font-size:13px;\">Variables analyzed<\/div>\n  <\/div>\n  <div style=\"background:#f8fafc;padding:24px;text-align:center;border-right:1px solid #e2e8f0;\">\n    <div style=\"color:#10c4c7;font-size:32px;font-weight:800;margin-bottom:4px;\">30 s<\/div>\n    <div style=\"color:#64748b;font-size:13px;\">Time for a verdict<\/div>\n  <\/div>\n  <div style=\"background:#f8fafc;padding:24px;text-align:center;border-right:1px solid #e2e8f0;\">\n    <div style=\"color:#10c4c7;font-size:32px;font-weight:800;margin-bottom:4px;\">25 years<\/div>\n    <div style=\"color:#64748b;font-size:13px;\">Maximum horizon<\/div>\n  <\/div>\n  <div style=\"background:#f8fafc;padding:24px;text-align:center;\">\n    <div style=\"color:#10c4c7;font-size:32px;font-weight:800;margin-bottom:4px;\">100 %<\/div>\n    <div style=\"color:#64748b;font-size:13px;\">Free and anonymous<\/div>\n  <\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How-the-calculator-works\"><\/span>How the calculator works<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px;line-height:1.8;color:#334155;\">Most people compare their mortgage payment to their rent. This is a mistake. A homeowner also pays taxes, maintenance, insurance and closing costs \u2014 and his down payment could have grown elsewhere. The Assur360 calculator corrects for these biases by simulating the two scenarios over the horizon you choose <strong>on a month-by-month<\/strong> basis, and then compares the final net worth.   <\/p>\n\n<div style=\"display:grid;grid-template-columns:repeat(3,1fr);gap:24px;margin:32px 0;\">\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"font-size:32px;margin-bottom:16px;\">\ud83c\udfe0<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:18px;margin:0 0 12px;\">Owner&#8217;s side<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0;\">We calculate the mortgage payment (principal + interest), we add municipal taxes, school taxes, maintenance (1 to 3% of the value), insurance, condo. We also increase the value of the house according to the appreciation chosen and we remove the selling costs at the exit. <\/p>\n  <\/div>\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"font-size:32px;margin-bottom:16px;\">\ud83d\udd11<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:18px;margin:0 0 12px;\">Tenant side<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0;\">The <strong>non-locked-in down payment<\/strong> is invested from the start. Every month that owning is more expensive than renting, the difference is added to the wallet. All of this grows at the return you indicate (6% is a realistic average for an index TFSA).  <\/p>\n  <\/div>\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"font-size:32px;margin-bottom:16px;\">\ud83d\udcca<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:18px;margin:0 0 12px;\">The verdict<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0;\">At the end of the horizon, we compare two net values: <strong>the value of the house \u2013 mortgage balance \u2013 selling costs<\/strong> on the one hand, and <strong>the value of the portfolio<\/strong> on the other. The winner is the one who leaves the most money in your pocket. <\/p>\n  <\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"6-steps-to-a-reliable-result\"><\/span>6 steps to a reliable result<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"display:flex;flex-direction:column;gap:20px;margin:32px 0;\">\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">1<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Enter a realistic purchase price for YOUR neighborhood<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">A 41\/2 in Montreal costs $500,000, in Thetford Mines $220,000. Consult the property assessment portal or recently sold properties on <strong>Centris<\/strong> before filling out. <\/p><\/div>\n  <\/div>\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">2<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Down payment: minimum 5% (or 20% to avoid CMHC insurance)<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">Below 20%, add CMHC mortgage default insurance (2.8% to 4% of the loan) to your purchase price. On $400,000 with a 10% bet, that&#8217;s about $12,000 more. <\/p><\/div>\n  <\/div>\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">3<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Mortgage rate: use today&#8217;s rate, not posted rate<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">In April 2026, 5-year fixed rates are around <strong>4.79% to 5.49% according to<\/strong> the Bank of Canada and Canadian banks. Choose a median value to test. <\/p><\/div>\n  <\/div>\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">4<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Interview: 1.5% is prudent, 3% is the norm for financiers<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">Fran\u00e7ois Lambert uses <strong>3%<\/strong> in his simulations. The rule of thumb is recognized: <strong>1% to 4%<\/strong> of the value of the house per year (roof, windows, heating, entrance, landscaping combined). <\/p><\/div>\n  <\/div>\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">5<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Investment returns: stay conservative<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">The S&#038;P 500 has returned an average of 9.5% over 30 years, but after taxes and fees, count <strong>5.5% to 7%<\/strong> net. A 60\/40 portfolio (stocks\/bonds): 5% to 6%. Avoid 10%+ assumptions: this is a bias in favour of renting.  <\/p><\/div>\n  <\/div>\n  <div style=\"display:flex;gap:20px;align-items:flex-start;\">\n    <div style=\"background:#10c4c7;color:#0d1f2d;width:36px;height:36px;border-radius:50%;display:flex;align-items:center;justify-content:center;font-weight:700;font-size:16px;flex-shrink:0;min-width:36px;\">6<\/div>\n    <div><h3 style=\"color:#0d1f2d;margin:0 0 8px;\">Real estate appreciation: 3% is realistic, not 8%<\/h3><p style=\"color:#334155;margin:0;line-height:1.6;\">In Quebec, the average <strong>long-term<\/strong> (20+ years) home appreciation is 3-4% after inflation. The highs of 2020-2022 (+15%\/year) are not repeated. Stay conservative.  <\/p><\/div>\n  <\/div>\n<\/div>\n\n<div style=\"background:linear-gradient(135deg,#0d2d2d,#0a2a2a);border:2px solid #10c4c7;border-radius:12px;padding:24px;margin:32px 0;display:flex;gap:16px;align-items:flex-start;\">\n  <div style=\"font-size:28px;flex-shrink:0;\">\ud83d\udca1<\/div>\n  <div>\n    <p style=\"color:#10c4c7;font-weight:700;font-size:16px;margin:0 0 8px;\">The advice of Fran\u00e7ois Lambert \u2014 and most planners<\/p>\n    <p style=\"color:#94a3b8;font-size:14px;margin:0;line-height:1.6;\">&#8220;The house as an investment is not automatically a winner. <strong style=\"color:#ffffff;\">A homeowner&#8217;s real gain comes from leverage<\/strong> (buying $400,000 with $80,000 stake), not from price appreciation. If you can&#8217;t commit to a minimum of 7 years, renting and investing the difference will often be a winner. \u00bb<\/p>\n  <\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Comparison-Chart-Owner-vs-Renter-in-Quebec-2026\"><\/span>Comparison Chart: Owner vs. Renter in Quebec 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"overflow-x:auto;margin:32px 0;\">\n  <table style=\"width:100%;border-collapse:collapse;font-size:14px;\">\n    <thead>\n      <tr style=\"background:#0d1f2d;color:#ffffff;\">\n        <th style=\"padding:14px 16px;text-align:left;border:none;\">Criterion<\/th>\n        <th style=\"padding:14px 16px;text-align:left;border:none;\">\ud83c\udfe0 Owner<\/th>\n        <th style=\"padding:14px 16px;text-align:left;border:none;\">\ud83d\udd11 Tenant<\/th>\n      <\/tr>\n    <\/thead>\n    <tbody>\n      <tr style=\"background:#f8fafc;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Cost of admission<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;font-weight:600;\">High (bet + 2-3% fee)<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">Low (1-2 months rent)<\/td>\n      <\/tr>\n      <tr style=\"background:#ffffff;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Leverage<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">\u2713 5x your stake<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">None<\/td>\n      <\/tr>\n      <tr style=\"background:#f8fafc;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Liquidity<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">Low (30-90 days to sell)<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">High (24-hour saleable investments)<\/td>\n      <\/tr>\n      <tr style=\"background:#ffffff;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Geographic flexibility<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">Low<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">High (12 month lease)<\/td>                \n      <\/tr>\n      <tr style=\"background:#f8fafc;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Maintenance \/ unforeseen events<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">At your own expense (1-3%\/year)<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">\u2713 Owner pays<\/td>\n      <\/tr>\n      <tr style=\"background:#ffffff;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Cost of living indexation<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">\u2713 Fixed mortgage = protection<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">Rent indexed annually<\/td>                \n      <\/tr>\n      <tr style=\"background:#f8fafc;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Forced Discipline of Savings<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#10c4c7;font-weight:600;\">\u2713 Principal repaid<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#ef4444;\">Request for personal discipline<\/td>\n      <\/tr>\n      <tr style=\"background:#ffffff;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Expected return (long term)<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#334155;\">3-4% real (Quebec 20 years+)<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#334155;\">5-7% real (global index)<\/td>\n      <\/tr>\n      <tr style=\"background:#f8fafc;\">\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;font-weight:600;color:#0d1f2d;\">Recommended minimum horizon<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#334155;\">7 years minimum<\/td>\n        <td style=\"padding:12px 16px;border-bottom:1px solid #e2e8f0;color:#334155;\">All horizons<\/td>                \n      <\/tr>\n    <\/tbody>\n  <\/table>\n<\/div>\n\n<p class=\"wp-block-paragraph\" style=\"color:#64748b;font-size:13px;font-style:italic;text-align:center;\">*Indicative data 2026 \u2014 CMHC, Bank of Canada, Statistics Canada. <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\">Get your home insurance quote in 3 minutes<\/a>.<\/p>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"%E2%9A%A0-The-hidden-fees-that-80-of-buyers-forget-about\"><\/span>\u26a0 The hidden fees that 80% of buyers forget about<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"background:#fef2f2;border:2px solid #ef4444;border-radius:12px;padding:24px;margin:32px 0;display:flex;gap:16px;align-items:flex-start;\">\n  <div style=\"font-size:28px;flex-shrink:0;\">\u26a0\ufe0f<\/div>\n  <div>\n    <p style=\"color:#991b1b;font-weight:700;font-size:16px;margin:0 0 8px;\">These expenses can add $15,000 to $40,000 in the first year<\/p>\n    <p style=\"color:#7f1d1d;font-size:14px;margin:0;line-height:1.7;\"><strong>Welcome taxes<\/strong> (transfer taxes): 0.5% to 2.5% of the price. Out of $400,000 in Montreal: \u2248 $4,500. <strong>Notary<\/strong> : $1,200 to $2,000. <strong>Pre-purchase inspection<\/strong> : $400 to $800. <strong>CMHC insurance<\/strong> if down payment < 20%: 2.8% to 4% of the loan. <strong>Moving + Move-In Renovos<\/strong> : $5,000 to $15,000. <strong>Adjusted property taxes<\/strong> and year-end adjustment: variable. <strong>Title + recording<\/strong> : $300. Our calculator incorporates these costs via the &#8220;closing costs&#8221; field \u2014 2% is a floor, aim for 3%.  <\/p>\n  <\/div>\n<\/div>\n\n<div style=\"background:linear-gradient(135deg,#0d1f2d,#1a3a4a);border-radius:16px;padding:40px;text-align:center;margin:40px 0;\">\n  <p style=\"color:#94a3b8;font-size:14px;text-transform:uppercase;letter-spacing:2px;margin:0 0 12px;\">NEXT STEP<\/p>\n  <h3 style=\"color:#ffffff;font-size:26px;margin:0 0 16px;\">Thinking about buying? Protect it.<\/h3>\n  <p style=\"color:#94a3b8;margin:0 0 28px;\">Assur360 compares 30+ insurers in 3 minutes. Fair premium, comprehensive coverage, bilingual service.<\/p>\n  <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\" style=\"background:#10c4c7;color:#0d1f2d;padding:16px 36px;border-radius:8px;font-weight:700;text-decoration:none;font-size:16px;display:inline-block;margin-right:12px;\">Free home insurance quote<\/a>\n  <a href=\"tel:+18663574451\" style=\"background:transparent;color:#ffffff;padding:16px 36px;border-radius:8px;font-weight:700;text-decoration:none;font-size:16px;display:inline-block;border:2px solid #ffffff;\">1-866-357-4451<\/a>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"When-to-buy-and-when-to-rent-depending-on-your-situation\"><\/span>When to buy and when to rent (depending on your situation)<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px;line-height:1.8;color:#334155;\">The calculator&#8217;s verdict is a first reading. Your living situation matters as much as the numbers. <\/p>\n\n<div style=\"display:grid;grid-template-columns:repeat(2,1fr);gap:20px;margin:32px 0;\">\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-left:4px solid #10c4c7;border-radius:0 12px 12px 0;padding:24px;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 10px;\">\ud83c\udfe0 Buy if&#8230;<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.7;margin:0;\">You stay <strong>7 years or more<\/strong> in the same place \u00b7 You have a stable job and a 20% down payment \u00b7 You are disciplined for maintenance \u00b7 You want the security of a fixed payment \u00b7 The family is growing \u00b7 The rent in your area is very close to the property charges.<\/p>\n  <\/div>\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-left:4px solid #10c4c7;border-radius:0 12px 12px 0;padding:24px;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 10px;\">\ud83d\udd11 Rent if&#8230;<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.7;margin:0;\">Your horizon is <strong>less than 5 years<\/strong> \u00b7 You don&#8217;t have the minimum down payment \u00b7 You prioritize flexibility (career, travel) \u00b7 Your rent is significantly below the property charges \u00b7 You already invest rigorously (RRSP\/TFSA) \u00b7 You hate maintenance or live in a high-end condo.<\/p>\n  <\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"3-concrete-examples-in-Quebec-2026\"><\/span>3 concrete examples in Quebec 2026<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"display:grid;grid-template-columns:repeat(3,1fr);gap:24px;margin:32px 0;\">\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"color:#10c4c7;font-size:13px;text-transform:uppercase;letter-spacing:1.5px;font-weight:700;margin-bottom:10px;\">EXAMPLE 1 \u2014 MONTREAL<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:17px;margin:0 0 12px;\">Couple, condo $500,000, 5-year horizon<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0 0 10px;\">Down 20%, rate 5.25%, utilities $450 condo, taxes $3,600, equivalent rent $2,100\/month.<\/p>\n    <p style=\"color:#0d1f2d;font-weight:700;font-size:14px;margin:0;\">Verdict: \ud83d\udd11 Renting earns \u2248 $35,000 (too short a time horizon to absorb the selling costs).<\/p>\n  <\/div>\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"color:#10c4c7;font-size:13px;text-transform:uppercase;letter-spacing:1.5px;font-weight:700;margin-bottom:10px;\">EXAMPLE 2 \u2014 QUEBEC<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:17px;margin:0 0 12px;\">Family, house $380,000, 15-year horizon<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0 0 10px;\">Down 15%, rate 5.0%, taxes $3,400, maintenance 1.5%, equivalent rent $1,750\/month.<\/p>\n    <p style=\"color:#0d1f2d;font-weight:700;font-size:14px;margin:0;\">Verdict: \ud83c\udfe0 Buy wins $\u2248 $80,000 (leverage + duration).<\/p>\n  <\/div>\n  <div style=\"background:#f8fafc;border:1px solid #e2e8f0;border-top:4px solid #10c4c7;border-radius:12px;padding:28px;\">\n    <div style=\"color:#10c4c7;font-size:13px;text-transform:uppercase;letter-spacing:1.5px;font-weight:700;margin-bottom:10px;\">EXAMPLE 3 \u2014 THETFORD MINES<\/div>\n    <h3 style=\"color:#0d1f2d;font-size:17px;margin:0 0 12px;\">Single, house $220,000, 10-year horizon<\/h3>\n    <p style=\"color:#334155;font-size:14px;line-height:1.6;margin:0 0 10px;\">20% Deposit, 5.15% Rate, Taxes $2,600, Equivalent Rent $950\/month, 6% Yield.<\/p>\n    <p style=\"color:#0d1f2d;font-weight:700;font-size:14px;margin:0;\">Verdict: \ud83c\udfe0 Buying earns \u2248 $45,000 (low rents but favourable price\/rent ratio).<\/p>\n  <\/div>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Price-to-rent-ratio-in-Quebecs-main-cities\"><\/span>Price-to-rent ratio in Quebec&#8217;s main cities<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<p class=\"wp-block-paragraph\" style=\"font-size:16px;line-height:1.8;color:#334155;\">The calculator applies to all of Quebec, but the thresholds where buying becomes profitable vary by city. In <strong>Montreal<\/strong> and <strong>Laval<\/strong>, the price\/rent gap is high: renting + investing often wins up to 10 years. In <strong>Quebec<\/strong>, <strong>L\u00e9vis<\/strong>, <strong>Sherbrooke<\/strong>, <strong>Trois-Rivi\u00e8res<\/strong>, <strong>Saguenay<\/strong>, <strong>Gatineau<\/strong>, <strong>Thetford Mines<\/strong>, and <strong>Drummondville<\/strong>, the ratio is more favorable to buying \u2014 a $200,000 to $320,000 property pays off quickly when rents are relatively low. For an informed decision, combine the calculator with a <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\">Assur360 home insurance quote<\/a>: you will have the true annual cost of ownership.<\/p>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related-Articles-and-Calculators\"><\/span>Related Articles and Calculators<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"display:grid;grid-template-columns:repeat(2,1fr);gap:20px;margin:32px 0;\">\n  <a href=\"https:\/\/www.assur360.ca\/en\/assur360-simulators-free-tools-for-your-financial-decisions\/mortgage-calculators-2\/\" style=\"background:#f8fafc;border:1px solid #e2e8f0;border-radius:12px;padding:24px;text-decoration:none;display:block;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 8px;\">Mortgage Calculators<\/h3>\n    <p style=\"color:#64748b;font-size:14px;margin:0;\">Borrowing capacity, monthly payments, amortization \u2014 our official tools.<\/p>\n  <\/a>\n  <a href=\"https:\/\/www.assur360.ca\/en\/home-insurance-3-minute-quote\/\" style=\"background:#f8fafc;border:1px solid #e2e8f0;border-radius:12px;padding:24px;text-decoration:none;display:block;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 8px;\">Home insurance in Quebec<\/h3>\n    <p style=\"color:#64748b;font-size:14px;margin:0;\">Complete guide to homeowners&#8217; coverage \u2014 prices, exclusions, discounts.<\/p>\n  <\/a>\n  <a href=\"https:\/\/www.assur360.ca\/en\/tenant-insurance-quote-2\/\" style=\"background:#f8fafc;border:1px solid #e2e8f0;border-radius:12px;padding:24px;text-decoration:none;display:block;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 8px;\">Tenant Insurance<\/h3>\n    <p style=\"color:#64748b;font-size:14px;margin:0;\">Starting at $15\/month \u2014 protect your property and liability.<\/p>\n  <\/a>\n  <a href=\"\/quiz-assurance\/\" style=\"background:#f8fafc;border:1px solid #e2e8f0;border-radius:12px;padding:24px;text-decoration:none;display:block;\">\n    <h3 style=\"color:#0d1f2d;font-size:16px;margin:0 0 8px;\">Quiz: Which insurance do you need?<\/h3>\n    <p style=\"color:#64748b;font-size:14px;margin:0;\">Answer 8 questions, receive your personalized plan.<\/p>\n  <\/a>\n<\/div>\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Frequently-asked-questions\"><\/span>Frequently asked questions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n<div style=\"margin:32px 0;\">\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Is buying a house always a good investment?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">No. Buying becomes a good investment when <strong>3 conditions<\/strong> are met: a holding period of at least 7 years, a down payment of 20% (to avoid CMHC premiums), and a reasonable price\/rent ratio in your area. In a short-term horizon or in a market that is very expensive compared to rent (e.g., Montreal, Toronto), renting + investing can outperform buying. Our calculator gives you the numerical answer for your case.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">What is Ben Felix&#8217;s 5% rule (YouTube)?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">The 5% rule states that a homeowner pays about 5% of the value of their home per year in non-recoverable costs (mortgage interest \u2248 2%, taxes + maintenance \u2248 2%, opportunity cost of the down payment \u2248 1%). If your equivalent annual rent is <strong>less than<\/strong> 5% of the purchase price, renting is financially advantageous. Example: house $400,000 \u2192 $20,000\/year = $1,667\/month threshold. If you can rent for less than $1,667, rent.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Should tax be included in the comparison?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">In Canada, the sale of your primary residence is <strong>tax-exempt<\/strong> on capital gains. For renters, if you invest in a <strong>TFSA<\/strong>, the gains are also tax-free \u2014 the comparison is fair. If you invest in a non-registered account, adjust the return downwards (e.g., 6% gross \u2192 4.5% net after tax on dividends and capital gains). Our calculator asks for an &#8220;after-tax&#8221; return to avoid this bias.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Why 3% for maintenance? My house hasn&#8217;t cost anything in 5 years.<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">Because maintenance occurs <strong>in waves<\/strong>. Roof (30 years): $15,000. Windows (25 years): $20,000. Heating\/heat pump (15 years): $10,000. Paved driveway (20 years): $8,000. French drain (30 years): $15,000. Kitchen\/bathroom (25 years): $40,000. Averaged over 30 years, this represents \u2248 $3,500 per year on a $400,000 house, or 0.9%. Add in unforeseen expenses and minor repairs, and 1.5% becomes realistic, 3% prudent for older homes.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Quebec real estate is rising by 10%\/year, why not use that?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">The increases from 2020-2022 were <strong>pandemic anomalies<\/strong> (low rates, pent-up demand, remote work). Over 20 years (2005-2025), the real appreciation (adjusted for inflation) in Quebec is 2.5% to 4%. Statistics Canada and CMHC confirm this figure. Using 8-10% guarantees that the calculator favors buying \u2014 it is not realistic. Stick to 3%.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Is home insurance really mandatory for a homeowner?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">Not legally \u2014 but <strong>all financial institutions<\/strong> require it as a condition of the mortgage. Without it, your lender may refuse to release the funds. Even if paid in cash, an uninsured home leaves your assets exposed to a major loss (fire, water damage, vandalism). Average premium in Quebec: $900 to $1,500\/year for a $400,000 home. Compare in 3 minutes with <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\">Assur360<\/a>.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Can I use this calculator for a duplex or triplex?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">Partially. A plex changes the game: the rents collected offset all or part of the expenses, and the tax yield (deductible expenses) is different. For a plex, use dedicated tools like real estate investment calculators and consult an accountant. Our calculator is primarily aimed at <strong>occupancy as a primary residence<\/strong>.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">What mortgage rate should I use \u2014 the rate from my offer or a median rate?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">If you are in the process of buying, use the rate confirmed by your mortgage broker. If you are doing a general simulation, take the median 5-year fixed rate from the Bank of Canada (published weekly). Be aware that at each <strong>renewal<\/strong> (every 3-5 years), the rate may go up or down \u2014 try this calculator with several rates to test the sensitivity of your decision.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Should I put 20% down or less, according to the calculator?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">It depends. <strong>Advantages of 20%<\/strong>: no CMHC insurance (savings of $10,000 to $15,000 on a $400,000), lower monthly payments, psychological cushion. <strong>Advantages of 5-10%<\/strong>: keep cash for investments (TFSA), maximum leverage, possibility of entering the market sooner. The rule: if your investments yield more than the mortgage rate + 4% (amortized CMHC cost), a low down payment is mathematically advantageous. Consult a financial planner for your case.<\/div>\n  <\/details>\n  <details style=\"border:1px solid #e2e8f0;border-radius:8px;padding:0;margin-bottom:12px;overflow:hidden;\">\n    <summary style=\"padding:18px 20px;cursor:pointer;font-weight:600;color:#0d1f2d;list-style:none;background:#f8fafc;\">Does this calculator replace a financial advisor?<\/summary>\n    <div style=\"padding:16px 20px;color:#334155;line-height:1.7;border-top:1px solid #e2e8f0;\">No. It provides an initial objective reading to position you, but your final decision must incorporate your <strong>investor profile<\/strong>, your <strong>job security<\/strong>, your <strong>family goals<\/strong>, your <strong>risk tolerance<\/strong>, and your <strong>personal taxation<\/strong>. Consult a certified financial planner (IQPF) and a mortgage broker before signing a purchase offer. Assur360 assists you with the insurance aspect \u2014 not for financial advice.<\/div>\n  <\/details>\n<\/div>\n\n<div style=\"background:#f0fdfa;border:1px solid #10c4c7;border-radius:12px;padding:28px;margin:32px 0;\">\n  <h3 style=\"color:#0d1f2d;font-size:18px;margin:0 0 16px;\">Why trust Assur360?<\/h3>\n  <div style=\"display:grid;grid-template-columns:repeat(2,1fr);gap:12px;\">\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span><span style=\"color:#334155;font-size:14px;\"><strong>AMF<\/strong> certified firm<\/span><\/div>\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span> <span style=\"color:#334155;font-size:14px;\"><strong>Insurance Chamber<\/strong> Member Brokers<\/span><\/div>\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span><span style=\"color:#334155;font-size:14px;\"><strong>100,000+<\/strong> submissions processed<\/span><\/div>\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span><span style=\"color:#334155;font-size:14px;\"><strong>13 partner firms<\/strong> in Quebec<\/span><\/div>\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span><span style=\"color:#334155;font-size:14px;\">Independent \u2014 <strong>30+ insurers<\/strong> compared<\/span><\/div>\n    <div style=\"display:flex;align-items:center;gap:8px;\"><span style=\"color:#10c4c7;font-weight:700;\">\u2713<\/span><span style=\"color:#334155;font-size:14px;\">Sources: <strong>CMHC, Bank of Canada, StatCan<\/strong><\/span><\/div>\n  <\/div>\n<\/div>\n\n<div style=\"background:linear-gradient(135deg,#0d1f2d,#1a3a4a);border-radius:16px;padding:40px;text-align:center;margin:40px 0;\">\n  <p style=\"color:#94a3b8;font-size:14px;text-transform:uppercase;letter-spacing:2px;margin:0 0 12px;\">FREE QUOTE<\/p>\n  <h3 style=\"color:#ffffff;font-size:28px;margin:0 0 16px;\">Ready to take action?<\/h3>\n  <p style=\"color:#94a3b8;margin:0 0 28px;\">Homeowner or renter, Assur360 finds your best premium in 3 minutes. 30+ insurers compared, bilingual service, 7 days a week.<\/p>\n  <a href=\"https:\/\/www.assur360.ca\/soumission-assurance-habitation\/\" style=\"background:#10c4c7;color:#0d1f2d;padding:16px 36px;border-radius:8px;font-weight:700;text-decoration:none;font-size:16px;display:inline-block;margin-right:12px;\">Quote in 3 minutes<\/a>\n  <a href=\"tel:+18663574451\" style=\"background:transparent;color:#ffffff;padding:16px 36px;border-radius:8px;font-weight:700;text-decoration:none;font-size:16px;display:inline-block;border:2px solid #ffffff;\">Call a broker<\/a>\n<\/div>\n\n<script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"InsuranceAgency\", \"name\": \"Assur360\", \"url\": \"https:\/\/assur360.ca\", \"logo\": \"https:\/\/assur360.ca\/wp-content\/uploads\/2024\/01\/logo-assur360.png\", \"telephone\": \"+1-866-357-4451\", \"address\": {\"@type\": \"PostalAddress\", \"addressLocality\": \"Thetford Mines\", \"addressRegion\": \"QC\", \"addressCountry\": \"CA\"}, \"areaServed\": \"Quebec\", \"serviceType\": [\"Home insurance\", \"Tenant insurance\", \"Insurance broker\"]}<\/script><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"FAQPage\", \"mainEntity\": [{\"@type\": \"Question\", \"name\": \"Is buying a house always a good investment?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No. Buying becomes profitable when 3 conditions are met: a horizon of 7 years or more, a down payment of 20%, and a reasonable price\/rent ratio. In a short horizon or in an expensive market, renting + investing can outperform buying.\"}}, {\"@type\": \"Question\", \"name\": \"What is the 5% rule?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"A homeowner pays about 5% of the value of their home per year in unrecoverable costs (interest, taxes, maintenance, opportunity cost). If the equivalent annual rent is less than 5% of the price, renting is more advantageous.\"}}, {\"@type\": \"Question\", \"name\": \"Should tax be included in the comparison?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"The sale of the principal residence is tax-exempt in Canada. If you invest in a TFSA, the gains are also tax-free \u2014 fair comparison. In a non-registered account, use an after-tax return (e.g., 4.5% instead of 6%).\"}}, {\"@type\": \"Question\", \"name\": \"Why 3% maintenance if my house hasn't cost anything in 5 years?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Maintenance comes in waves: roof, windows, heating, kitchen. Spread over 30 years, 1 to 3% per year is the recognized norm among Canadian financial planners.\"}}, {\"@type\": \"Question\", \"name\": \"Why not 10% real estate appreciation?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"The increases from 2020-2022 were pandemic anomalies. Over 20 years in Quebec, real appreciation is 2.5 to 4%. Using 10% skews the calculator in favor of buying.\"}}, {\"@type\": \"Question\", \"name\": \"Is home insurance mandatory?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Not legally, but all financial institutions require it to unlock the mortgage. Average premium in Quebec: $900 to $1,500\/year for a $400,000 home.\"}}, {\"@type\": \"Question\", \"name\": \"Does this calculator work for a duplex?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No. A plex generates rents and has different taxation (deductible expenses). Use a dedicated real estate investment calculator and consult an accountant.\"}}, {\"@type\": \"Question\", \"name\": \"What mortgage rate should be used?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"Use the rate confirmed by your mortgage broker if you have an offer, otherwise the median 5-year fixed rate from the Bank of Canada. Test multiple rates to see sensitivity.\"}}, {\"@type\": \"Question\", \"name\": \"Down payment 20% or less?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"20% avoids CMHC and lowers payments. 5-10% keeps cash for investing and maximizes leverage. Rule: if your investments yield more than the mortgage rate + 4%, a low down payment is mathematically winning.\"}}, {\"@type\": \"Question\", \"name\": \"Does this calculator replace a financial advisor?\", \"acceptedAnswer\": {\"@type\": \"Answer\", \"text\": \"No. It provides an objective reading, but your decision should integrate investor profile, job security, family goals, and taxation. Consult a certified financial planner (IQPF) before signing.\"}}]}<\/script><script type=\"application\/ld+json\">{\"@context\": \"https:\/\/schema.org\", \"@type\": \"BreadcrumbList\", \"itemListElement\": [{\"@type\": \"ListItem\", \"position\": 1, \"name\": \"Home\", \"item\": \"https:\/\/assur360.ca\/\"}, {\"@type\": \"ListItem\", \"position\": 2, \"name\": \"Tools\", \"item\": \"https:\/\/assur360.ca\/outils\/\"}, {\"@type\": \"ListItem\", \"position\": 3, \"name\": \"Homeowner or Renter Calculator\", \"item\": \"https:\/\/assur360.ca\/calculateur-proprietaire-ou-locataire\/\"}]}<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Free calculator based on the method of Fran\u00e7ois Lambert and the CMHC. Enter 10 variables (price, bid, rate, rent, return) and get your numerical verdict in 30 seconds. <\/p>\n","protected":false},"author":49,"featured_media":59145,"parent":58627,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_seopress_titles_title":"Landlord or Tenant Calculator 2026 \u2014 Rent vs. Mortgage","_seopress_titles_desc":"Buying or renting in Quebec? Free calculator: enter 10 variables, get your numerical verdict in 30 seconds. CMHC method.  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