Buy or rent in Berlin?
Should you buy an apartment in Berlin or should you keep renting and invest the difference? Find out what will grow your net worth faster.
Select past years if you want to see what would have happened if you bought or rented in the past.
Berlin path
Building
VS.
Tempelhof-Schöneberg · 77 m² Altbau · MSCI World. €5,491/m² · cold rent €16.35/m². Every slider follows this path.
€158,313
(35%)After 20 years your net worth will be €158,313 higher. That is 35% more than if you had bought a home.
The cost of indecision
Monte Carlo
Final stash
Buyer
€450,134
Renter
€608,447
- Buyer
- Renter
Snapshot after 20 years
Forward path: 7% MSCI World and 2.5% home/rent every year.
Buyer
- Home value
- €466,460
- Remaining debt
- €0
- Selling costs
- €16,326
- Home equity
- €466,460
- Sale proceeds
- €450,134
- Buyer net worth
- €450,134
Loan paid off
Value − remaining debt
Value − selling costs − remaining debt
Sale proceeds + ETF after tax
Renter
- Renter ETF start
- €94,414
- Gap invested (total)
- €289,908
- Renter contributions (total)
- €384,321
- Renter ETF (pre-tax)
- €687,654
- Capital gains tax (renter)
- €79,207
- Renter ETF after tax
- €608,447
Same down payment as the buyer
Cumulative extra ETF contributions because buying cost more
Gains after partial exemption
Monthly housing costs
Year 1
- Buyer (payment + costs)
- €2,817.26
- of which mortgage
- €2,288.51
- of which owner costs
- €528.75
- Renter (cold rent)
- €1,260.00
- Renter invests
- €1,557.26
Year 20
- Buyer (payment + costs)
- €2,817.26
- of which mortgage
- €2,288.51
- of which owner costs
- €528.75
- Renter (cold rent)
- €2,014.30
- Renter invests
- €802.96