Rent vs buy calculator

Renting is not money down the drain, and buying is not always smarter. See where you would stand after years of each.

Your numbers

The home

₹5 L₹80,00,000 = ₹80 L₹20 Cr
%
5₹16 L paid up front100
%
0₹5.6 L in stamp duty, registration and fees15
₹0₹20 L

The loan

%
520
yrs
1 yrsEMI ₹55,541 a month30 yrs

Renting instead

₹0₹10 L
%
015
%
020

The comparison

%
020
yrs
1 yrs30 yrs
Renting leaves you better off byBuying never leads in 15 yrs
₹21.95 Lafter 15 years, comparing net worth
Your EMI
₹55,541
Up front to buy
₹21.6 L
Rent paid
₹64.74 L

Net worth after 15 years

If you buy₹1.94 Cr
home value less loan, plus savings
If you rent and invest₹2.16 Cr
invested savings

Investing the down payment and the monthly difference grows faster than home equity over this period.

Where you stand each year

Net worth under each choice at the end of every year. Tap or hover a year to compare.

Net worth if you buy versus rent, by yearNet worth if you buy versus rent, by year. Use the left and right arrow keys to read each bar.₹0₹1Cr₹2Cr₹3CrY1Y3Y5Y7Y9Y11Y13Y15
  • If you buy
  • If you rent and invest

Year-by-year detail

Show the table (15 years)
Rent versus buy, year by year
YearProperty valueLoan leftNet worth (buy)Net worth (rent)Difference
1₹85,60,000₹62,72,625₹22,87,375₹28,22,298-₹5,34,923
2₹91,59,200₹61,33,992₹30,25,208₹35,41,905-₹5,16,697
3₹98,00,344₹59,83,105₹38,17,239₹43,24,293-₹5,07,054
4₹1,04,86,368₹58,18,880₹46,67,488₹51,75,487-₹5,07,999
5₹1,12,20,414₹56,40,140₹55,80,274₹61,02,119-₹5,21,845
6₹1,20,05,843₹54,45,600₹65,60,243₹71,11,494-₹5,51,251
7₹1,28,46,252₹52,33,865₹76,12,386₹82,11,657-₹5,99,271
8₹1,37,45,489₹50,03,415₹87,42,074₹94,11,473-₹6,69,399
9₹1,47,07,674₹47,52,595₹99,55,079₹1,07,20,709-₹7,65,630
10₹1,57,37,211₹44,79,605₹1,12,57,606₹1,21,50,130-₹8,92,524
11₹1,68,38,816₹41,82,485₹1,26,56,331₹1,37,11,601-₹10,55,270
12₹1,80,17,533₹38,59,102₹1,41,58,431₹1,54,18,203-₹12,59,772
13₹1,92,78,760₹35,07,135₹1,57,71,625₹1,72,84,359-₹15,12,734
14₹2,06,28,273₹31,24,057₹1,75,04,216₹1,93,25,972-₹18,21,756
15₹2,20,72,252₹27,07,119₹1,93,65,134₹2,15,60,584-₹21,95,450

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Good to know

Questions buyers ask

Is it better to rent or buy a home in Ahmedabad?

It depends on how long you will stay, the rent for a comparable home, loan rates and what your savings would earn elsewhere. Buying tends to win the longer you stay, because appreciation and loan repayment compound while the up-front costs are paid only once.

How does this rent vs buy comparison work?

Both households spend the same each month. The renter invests the down payment and buying costs, and whoever has the lower monthly outgoing invests the difference. At the end we compare the buyer’s home equity plus savings with the renter’s investments.

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