Home Buy vs Rent Calculator
This graph compares the total cost of buying versus renting a home over a period of years.
Total Wealth on Retirement if you Rent₹1,96,06,27,463
Total Wealth on Retirement if you Buy₹1,68,31,30,484
Net Benefit (Buy over Rent)-₹27,74,96,979
What is a Rent vs Buy Calculator?
A rent vs buy calculator helps you compare the financial implications of renting versus buying a house. It takes into account various factors such as location, costs, and long-term financial impact to help you make an informed decision.
FAQs
How does the location affect the rent vs buy decision?
Can the rent vs buy calculator help with financial planning?
Is renting always cheaper than buying?
What are the factors that impact the rent vs buy calculation?
What does financial wealth include?
What does house purchase price include?
How much interest is considered on the loan?
What is the assumed tenure of loan?
Are you considering inflation?
How much rent increase has been considered?
Are you considering taxation?
When will buying a house be the right financial decision for you?
What benefits does staying in a rented house offer?