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Rent vs. Buy Calculator
Is it smarter to keep paying rent or buy your dream home? Compare the financial impact over time.
Assumptions: We assume a 20% downpayment, 80% loan with 20-year tenure, and calculate the cumulative cost over your chosen horizon.
Renting Total
₹37,73,368
Total rent lost over 10 years
Buying "Net Cost"
₹14,53,576
Cost after subtracting appreciation
Time to Buy!
Based on your inputs, buying is the more financially sound decision over a 10-year period.
Total Rent: ₹37,73,368Buy Net Cost: ₹14,53,576
Property Value in 10y:+₹1,07,45,086
Monthly EMI:₹41,656
Rent vs Buy: How to Decide?
Pros of Buying
- Property appreciation builds long-term wealth.
- No stress of annual rent hikes (usually 5-10%).
- Tax benefits under Section 24 and 80C.
- Emotional security of owning your own space.
Pros of Renting
- Lower upfront commitment (just deposit vs 20% downpayment).
- Flexibility to move closer to work.
- Zero maintenance or property tax headaches.
- Ability to invest the downpayment in stocks or MFs.