Free Tool
Buy vs Rent Calculator
Compare the real costs of buying vs renting in Japan over time. No signup required.
Renting costs
Buying costs
Property tax (固定資産税) is auto-calculated at 1.4% of assessed value (~70% of purchase price). Mortgage tax deduction (住宅ローン控除): 0.7% of balance for up to 13 years, capped at ¥210,000/year.
This calculator is for educational purposes only. Actual costs vary by location, property type, and market conditions. Consult a licensed FP or 不動産会社 for personalized advice.
Renting total (10 yrs)
¥20,070,552
Initial: ¥450,000
Rent: ¥18,831,983
Renewals: ¥788,570
Buying total (10 yrs)
¥22,869,451
+ property worth ¥32,682,912
Down payment: ¥4,000,000
Upfront costs: ¥2,800,000
Mortgage: ¥11,214,088
Mgmt fees: ¥3,000,000
Property tax: ¥3,920,000
Loan deduction: -¥2,064,638
Total cost comparison
Net advantage (after 10 years)
Buying saves ¥29,884,014
Over 10 years, buying costs ¥22,869,451 but you retain a property worth ¥32,682,912 (net: ¥-9,813,462). Renting totals ¥20,070,552.
Break-even point
Buying breaks even at year 1
The year when buying (net of property value) becomes cheaper than renting.