Rent vs. Buy Calculator
Compare the financial implications of renting versus buying a property over time. Make informed real estate decisions.
Financial Parameters
Show Advanced Options
Property Price
₹ 50,00,000
Monthly Rent
₹ 15,000
Annual Rent Increase
5 %
Purchase Details
Down Payment
20 %
Loan Interest Rate
8.5 %
Loan Tenure
20 Years
Comparison Results
5-Year Financial Outlook
₹ 2,45,000
Buying is more expensive by
over 5 years
Total Cost of Renting
₹ 9,87,650
Over 5 Years
Total Cost of Buying
₹ 12,32,650
Over 5 Years
Recommendation
Based on your inputs, renting is financially better in the short term (5 years). Consider buying if you plan to stay for more than 7 years or expect higher property appreciation.
Buying Cost Breakdown (5 Years)
Down Payment
₹ 10,00,000
Loan EMI Payments
₹ 8,45,320
Property Tax
₹ 2,50,000
Maintenance & Insurance
₹ 1,87,500
Total Buying Cost
₹ 22,82,820
Less: Principal Paid & Appreciation
₹ -10,50,170
Year-by-Year Comparison
Year 5
Cumulative Difference: ₹ -2,45,000