Rent vs Buy Calculator (Cayman)

This tool gives you a rough side-by-side comparison of renting vs buying a home in the Cayman Islands. It focuses on cash out of pocket over time – not on future investment returns or tax advice. Always confirm numbers with your lender and attorney.

Rent scenario

Monthly rent (CI$) Annual rent increase (%) Comparison horizon (years)

Buy scenario

Purchase price (CI$)

Down payment (%)

Mortgage rate (%)

Mortgage term (years)

Monthly ownership costs (CI$) Insurance, strata fees, maintenance (rough).

One-time buyer closing costs (% of price) This rough % could include stamp duty, legal fees, bank fees, etc. Talk to your attorney for real numbers.

Summary: cash out over your time horizon

These are estimated total cash outflows over your chosen number of years (no investment growth, no tax modelling, no rent from roommates, etc.).

Total rent paid

CI$ 0

Includes annual rent increases.

Total buyer cash out

CI$ 0

Includes down payment, rough closing costs and monthly payments.

How to read this (and where it’s wrong on purpose)

This does not model future property values, investment returns or tax outcomes.
It ignores opportunity cost of your down payment – we are just looking at cash out of your bank account.
It’s a rough guide only, not financial advice or legal advice.

When you’ve played with the numbers and have a feel for your budget, you can start browsing real properties and see what’s actually available on-island. Try the live listings on ListCayman.