[cowls]

Compared to the interest only part, the savings are significant. Way more than 200 per month.

The capital repayments are not money lost in the same way that rent would be (assuming your house price doesnt plummet and you are forced to sell at that time).

So in the UK (outside London at least) at the moment there is little argument for renting, assuming you can afford the down payment.

London is a slightly different beast mind as prices have skyrocketed and down payments can be huge