Rent vs Buy Calculator

 

This calculator will assist you in determining if renting or buying a home is a better option for you. Mouse over the item to get a description

Purchase Price: INR
Interest Rate: %
Down Payment: %
House Appreciation: %
Term:
How long will you live here?: years
Monthly Rent: INR
Rent rate Increase: %

Calculations by this calculator are estimates only. There is no warranty for the accuracy of the results or the relationship to your financial situation.

 

To buy or to rent? This is a question that a lot of our clients face nowadays. It is but natural to be faced with such a dilemma with especially with the rising rental amounts. To make taking the decision easier, we have a rent vs. buy calculator designed especially for our clients.
Why should you use a rent vs. buy calculator?
Many a time people do not do a considerable amount of research before they buy or rent a flat. This often results in them realizing that they could have actually bought a flat instead of renting it or vice a versa. The economics is only one of the factors that are instrumental in this decision making. While we might not be able to help you with other factors like deciding on whether you will be living in the area for a long time, but we can certainly help you make a choice on basic facts. The rent vs. buy calculator gives you a comparative feasibility that will help you make a wiser decision.
How do you use the calculator?
In order to use the calculator you will need some basic information. This will include: property price, rate of interest, down payment, appreciation, how long you want to consider the investment for, how long you will live there, rent amount and rate of rent increase. Once these figures are entered, you will have a comparison to help you make your decision easier.