Renting is a trap. Run the numbers.

Three paths

• Keep renting. Your monthly savings are invested at the savings return. Rent grows every year.
• Buy on your own. Save until you can cover the full upfront (down payment plus closing costs). The price grows while you save, so the target moves. Then buy with a standard mortgage. The rent you no longer pay, minus the mortgage, joins your monthly savings.
• Buy with Sooner. Same, but Sooner covers part of the upfront (default 8% of the price), so you buy earlier. You repay Sooner over 60 months at a flat premium (default 7% per year of the amount covered).

Math

• You start with your savings today. By default that is the 20% down payment, already saved.
• Monthly savings grow with your salary (default 5% a year)
• Defaults reflect Dubai since 2003: prices and rents about 7% a year, salaries about 5%, and a 10% market return
• Net wealth = savings + home equity - Sooner balance
• Sooner repayment = amount covered × (1 + 7% × 5) in 60 equal payments
• Money you are not spending earns the savings return (default 10%, a market return)
• The simulation runs month by month and reports at each year end

Not modeled

• Maintenance, service charges, selling costs
• Market volatility: returns are steady, not real
• Property and mortgage insurance