Make Smart Decisions with Our Rent vs Buy Calculator
This tool compares the financial impact of renting versus buying a home, factoring in costs like rent, mortgage, taxes, and maintenance.
Rent vs Buy Calculator 🏠 vs 🏢
🏠 Price ₹3Cr, Down ₹60L, Interest 7.5%, 20 yrs loan
🏢 Rent ₹50,000/mo, 5% annual increase, 10 years comparison
🏠 Rent vs Buy Calculator – Frequently Asked Questions
❓ What is a Rent vs Buy Calculator ?
💡 This tool helps compare costs of renting a home versus purchasing one, including mortgage, rent, upkeep, taxes, and other expenses over time.
⚖️ What factors are considered in the comparison?
📋 Monthly rent, home purchase price, mortgage interest rate, down payment, property taxes, maintenance costs, and length of stay are usually included.
🔍 Why is it important to compare renting vs buying?
🤔 It helps you make an informed decision based on your financial situation, lifestyle, and plans for how long you will live in the home.
📈 Does the calculator consider home appreciation or rent increases?
📊 Many calculators assume home value appreciation and rent inflation over time for a realistic long-term comparison.
💰 Can this calculator help with tax implications?
🧾 Yes, it can include tax benefits like mortgage interest deductions that impact the overall cost of buying versus renting.
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