Rent vs. Own

Home ownership is more affordable than you may realize and is also a great investment alternative. For what you are paying in rent, you could own your home.

Take a look at how practical and affordable owning a home can be.

If your rent is between*:

You could buy a home worth*:

Your monthly mortgage payment could be*:

$1,250 - $1,300

$163,000 - $193,500

$981 - $1,165

$1,500 - $1,800

$153,000 - $212,000

$921 - $1,276

$2,100

$250,000

$1,505

Find out if you should rent or own with the CIBC Rent Versus Own Calculator.