Should I rent or buy a house?

A decision to BUY or RENT is principally determined by:

  • Purchase costs which determines your upfront costs/ investment.
  • Property value appreciation which helps calculate selling price of your house.
  • Financing amount & costs decide how much and how long you will pay this .
  • Tax & maintenance rates which determines your recurring expenses.
  • Rental rates.
  • Rental inflation which determines how the rent increases over the years.

Our Buy versus Rent Tool tells you whether it is less expensive to RENT instead of BUYING.

This depends on how long you plan to reside there.

Get started by filling in the information.

Annual increase in rent?
Annual increase in house price?
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RENT Inputs

Monthly rent: ()
Security deposit:


Brokerage rate:


Gross annual income: ( lakh)
Marginal tax rate:
Interest lost on security deposit?


BUY Inputs

House size: (sq. ft.)
Rate: (/sq. ft.)
Facilities:( lakh)
Purchase price:
(includes registration and brokerage)
Interest lost on upfront payment?


Brokerage rate:


Registration rate:


Registration & Stamp duty:
Property tax:
(/sq. ft./annum)
Maintenance: (/sq. ft./month)
Maintenance inflation:


Down payment:


Loan amount:
Loan Term:


No of instalments:
Interest rate:


EMI:
Mortgage fee rate:


Closure fee rate:
OOP'S.....