01 · Key points
What matters for this topic
Compare total costs, not just monthly payments
Consider how long you plan to stay
Include maintenance and purchase costs
Assess flexibility
02 · Be prepared
Points you should not underestimate
- Assuming prices will definitely rise
- Ignoring additional costs
- Too short an ownership period
03 · Documents
Commonly required documents
The documents actually needed depend on the lender, your plans and personal circumstances. The following are often useful for preparation:
04 · Practical example
What an assessment might look like
Buying may make sense long term despite a higher initial burden. For short-term job mobility, renting may still be the better choice.
This example is illustrative only and is not a mortgage commitment or quotation of terms.05 · Frequently asked questions
Questions about Buy or rent
Is buying always cheaper than renting?+
No. Location, price, financing, ownership period and maintenance determine the outcome.
How long should I stay?+
The longer you plan to stay, the more time there is to spread the high purchase costs. There is no universal minimum period.
Important information
The information on this page is general. It does not replace individual mortgage, legal or tax advice and is not a binding credit commitment. Requirements and terms are assessed individually.