Rent vs Buy Calculator
Honest comparison — with opportunity cost, stamp duty, brokerage, maintenance and post-tenure property value. In most Indian metros, renting wins.
Inputs
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years
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Your result
Rent + Invest wins
Renting and investing the difference leaves you ₹2.62 crore richer than buying, over 20 years on these inputs.
- Monthly EMI
- ₹55,541
- Upfront cost (incl. stamp duty)
- ₹22.4 lakh
- Property end-value
- ₹2.12 crore
- BUY net wealth at end
- ₹40.57 lakh
- Total rent paid
- ₹1.23 crore
- Investment portfolio at end
- ₹4.25 crore
- RENT net wealth at end
- ₹3.02 crore
The rule your parents got wrong
"Rent is wasted money" was true when your parents bought. Yields were 6-7% (annual rent / property price), and property doubled every 7-8 years. Today, in Mumbai, Bengaluru, Pune, NCR, yields sit at 2.5-3.5% and appreciation has been flat for 4-7 years in many neighbourhoods. The math has changed; the family advice hasn't.
What this calculator does NOT factor
- Home loan tax benefits (80C principal + 24b interest). Adds ~₹50-90k/year in tax savings for many. Bumps the buy case meaningfully.
- Emotional value of ownership. Real, just not numeric.
- Forced-savings discipline. If renting means you'd spend the saved EMI instead of investing it, you should buy. Run the calc honestly.
- Mobility cost. Renting lets you change cities for a 20% raise. Owning often doesn't.