Rent vs Buy Calculator

Make an informed decision between renting and buying your dream home

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Property Details

₹
₹5 Lakh ₹5 Cr
₹
₹5,000 ₹2 Lakh
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Purchase Details

%
10% 100%
%
6% 15%
Years
5 Years 30 Years
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Additional Factors

Return on down payment if invested instead
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Recommendation

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BUYING IS BETTER
You'll save ₹25 Lakhs over 10 years
Break-even Period 7.5 Years
Monthly EMI ₹34,782
Total Savings ₹25,00,000
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Cost Comparison Over Time

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10-Year Financial Analysis

If You Buy

Down Payment ₹10,00,000
Total EMI Paid ₹41,73,840
Maintenance & Tax ₹7,50,000
Property Value After 10Y ₹81,44,473
Net Worth ₹45,00,000

If You Rent

Total Rent Paid ₹37,73,545
Investment of Down Payment ₹31,05,848
Monthly Savings Invested ₹15,00,000
Total Investment Value ₹46,05,848
Net Worth ₹46,05,848
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Year-wise Comparison

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Advantages of Buying

  • Build equity over time
  • Asset appreciation potential
  • Tax benefits on home loan
  • Stability and security
  • Freedom to modify property
  • No rent increases
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Advantages of Renting

  • Lower upfront costs
  • Flexibility to relocate
  • No maintenance responsibilities
  • Investment liquidity
  • No property market risk
  • Access to better locations