Rent vs Buy Calculator
Compare the true cost of renting against buying a home.
Home Purchase
Home Price
Down Payment
Loan Interest Rate
Loan Tenure
Renting
Monthly Rent
Annual Rent Increase
Assumptions
Home Appreciation
Investment Return (on savings)
Time Horizon
Renting Wins By
₹6,31,023
Net Cost of Buying
₹-11,86,721
Net Cost of Renting
₹-18,17,744
Breakeven Point
Beyond 10 yr
After 10 Years
Total EMI Paid
₹49,98,662
Home Equity Built
₹73,85,383
Total Rent Paid
₹37,73,368
Investment Corpus (Renting)
₹55,91,111
Assumes the renter invests the monthly gap between the EMI and rent at your chosen return rate. Illustrative estimate — not financial advice.
How this calculator works
This runs a month-by-month simulation rather than a single formula: each month it pays down the mortgage (tracking the shrinking loan balance and growing home equity) on one side, and grows an investment portfolio seeded by the down payment plus whatever the renter saves versus the EMI on the other. The home also appreciates yearly at your assumed rate.
The breakeven point is the year the "net cost" of buying (cash spent minus equity built) drops below the net cost of renting (rent paid minus investment growth). Small changes to the investment return or home appreciation assumptions can shift that breakeven by years, so it's worth testing a few scenarios rather than trusting one set of numbers.