Rent vs Buy Analyzer

Compares renting a house vs buying (EMI, tax benefits, appreciation, flexibility). Useful when planning property decisions, especially in metro cities.

Buying Scenario

Details if you decide to buy the property.

Property Price (₹)

Total purchase price of the property.

Down Payment (₹)

The initial amount you pay upfront, not part of the loan.

Loan Interest Rate (Annual %)

Annual interest rate for the home loan (e.g., 8.5 for 8.5%).

Loan Tenure (Years)

The duration of the home loan in years.

Annual Property Tax (₹)

Estimated property tax you'll pay each year.

Annual Maintenance Cost (₹)

Estimated yearly cost for repairs, society fees, etc.

Expected Property Appreciation Rate (Annual %)

Expected annual increase in the property's value (e.g., 5 for 5%).

One-Time Buying Costs (₹)

Costs like registration fees, stamp duty, brokerage, legal fees, etc., paid at the time of purchase.

Estimated Annual Tax Savings (from Buying, Optional, ₹)

Estimated annual tax benefits from home loan interest/principal, if applicable.

Renting Scenario

Details if you decide to rent a similar property.

Current Monthly Rent (₹)

Current rent you would pay for a similar property.

Expected Annual Rent Increase Rate (%)

Expected percentage by which rent will increase each year (e.g., 5 for 5%).

One-Time Renting Costs (₹)

Costs like security deposit (if non-refundable portion), brokerage, moving expenses when renting.

Common Assumptions

Parameters for comparison over the period.

Investment Horizon (Years)

The number of years you plan to stay in the property or compare these scenarios for.

Expected Return on Investment (Annual %)

Rate at which your down payment & any rental savings would grow if invested elsewhere (e.g., mutual funds, FDs).