Calculators
Rent to buy
This calculator gives an indication only, based on the information you enter. It isn’t an offer of finance or financial advice. Lenders apply their own criteria, rates change, and fees may apply. Talk to a Diamond Financials adviser for advice on your situation.
How we work it out
The fine print, in plain English
- The loan
- The amount your rent payments would repay in full over the term, at the rate you enter.
- Home value
- That loan plus the deposit you already have.
- Equity
- What you’d own: your deposit plus the principal repaid. We haven’t assumed any house price growth.
- Not included
- Rates, insurance and maintenance come on top of a mortgage, so budget for them.
- Next step
- Banks still need to approve the loan, so check it with the borrowing calculator or an adviser.