Rent vs Buy Calculator
Compare the financial impact of renting versus buying a home over the long term.
Buying is better in this scenario
Net cost of buying: ₹-67,04,574. Net cost of renting: ₹79,35,829. Buying wins by ₹1,46,40,403 over 20 years.
What is Rent vs Buy Calculator?
A rent vs buy calculator compares the financial outcome of renting a home versus buying one with a home loan. It factors in rent, EMI, down payment, property appreciation, and maintenance.
The decision depends on how long you plan to stay, property price trends, and the returns you could earn on your down payment.
How does the Rent vs Buy Calculator work?
The calculator projects both scenarios over your planned stay and compares the net wealth at the end.
It accounts for the opportunity cost of the down payment and the equity built through EMIs.
How to use the Rent vs Buy Calculator?
- Enter the monthly rent and the property price.
- Enter the home loan details (down payment, rate, tenure).
- Enter expected property appreciation and investment returns.
- The calculator shows which option builds more wealth over your stay.
Example
Try the calculator with your own numbers
- Enter your values in the input fields above.
- Adjust the values to match your situation.
- The result updates instantly as you change the inputs.
Benefits of using the Rent vs Buy Calculator
- Make an informed rent vs buy decision.
- See the impact of stay duration on the choice.
- Understand the opportunity cost of the down payment.
Who should use the Rent vs Buy Calculator?
- Students and professionals who need fast, accurate results.
- Anyone who wants to verify a manual calculation.
- People who prefer a quick answer over working it out by hand.
Tips for getting the most out of the Rent vs Buy Calculator
- Double-check the values you enter before relying on the result.
- Use the calculator to verify manual calculations or estimates.
- Bookmark the page if you use it regularly.
Frequently Asked Questions
Is buying always better than renting?
No. Buying usually wins for stays longer than 5-7 years; renting can be better for shorter stays because of lower upfront costs.
What costs does buying include beyond EMI?
Registration and stamp duty, maintenance, property tax, and home insurance add 1-3% of the property value in extra annual costs.
This calculator gives you fast, reliable answers whenever you need them. Try it now and keep it handy for future calculations.
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