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Rent vs. Buy Calculator

Compare the long-term financial implications of renting a home versus buying one.

Currency

Home Purchase Details

Home price

Down payment (%)

Interest rate (%)

Loan term (years)

Buying closing costs (%)

Property tax (%/year)

Home insurance (₹/year)

Maintenance cost (%/year)

Appreciation (%/year)

Home Rent Details

Monthly rental fee

Rental fee increase (%/year)

Renter's insurance (₹/month)

Security deposit

Your Financial Information

Avg. investment return (%)

Marginal tax rate (%)

Frequently Asked Questions (FAQ)

Disclaimer: This calculator is for illustrative purposes. Financial markets, real estate values, and tax laws can change. Consult with a qualified financial advisor for personalized advice.

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What is the "break-even point"?

What hidden costs are involved in buying a home?

How does home value appreciation affect the calculation?

What is "opportunity cost"?

Are there non-financial factors to consider?