TerraNexxus

Rent vs Buy Calculator

Compare the net cost of buying a home against renting over how long you plan to stay, factoring in EMIs and property appreciation.

Compare your options

₹80,00,000
%
₹16,00,000
%
EMI ₹55,541
yrs
20 years
₹25,000
%
5% per year
%
7% per year
yrs
10 years

Buying is cheaper by

₹67,66,092

Over 10 years

Down payment
₹16,00,000
EMIs paid (10 yrs)
₹66,64,882
Loan still owed
₹44,79,605
Property value then
₹1,57,37,211
Net cost of buying
-₹29,92,724
Total rent paid
₹37,73,368

"Net cost of buying" = down payment + EMIs paid + loan still owed − the property's value at the end. A simplified model; it ignores tax benefits, security deposits and opportunity cost of the down payment.