Tuesday, November 24, 2009, 9:56AM ET - Canadian Markets close in 6 hours and 4 minutes.
With interest rates near forty year lows, the decision to rent versus buy becomes difficult. Use this calculator to help determine which makes sense for you at this time.
| Rent Assumptions | Input |
|---|---|
| Purchase Assumptions | Input |
| Other Assumptions | Input |
This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.
| Mortgages Type | Rate |
|---|---|
| 1-yr Closed | 3.55% |
| 3-yr Closed | 4.17% |
| 5-yr Closed | 4.98% |
| GICs Type | Rate |
|---|---|
| 1-yr Annual | 0.95% |
| 3-yr Annual | 2.12% |
| 5-yr Annual | 2.78% |
| RRSP Type | Rate |
|---|---|
| 1-yr | 0.95% |
| 3-yr | 2.09% |
| 5-yr | 2.75% |
Ask a financial question and get answers from real people on Yahoo! Answers.
Asked by Cee