Buying Details
₹
₹10,00,000₹10,00,00,000
%
10%50%
% p.a.
6% p.a.15% p.a.
years
5years30years
%
3%12%
% p.a.
0.5% p.a.3% p.a.
% p.a.
0% p.a.2% p.a.
Expected annual price growth
% p.a.
0% p.a.15% p.a.
Renting Details
₹
₹5,000₹5,00,000
Expected yearly rent hike
%
0%15%
Return if you invest instead of buying
% p.a.
5% p.a.18% p.a.
years
5years30years
Buying is Better
After 20 years, buying gives you ₹57,20,908 more net worth
Break-even point: Year 2
Net Worth Comparison (After 20 Years)
If You Buy
BetterProperty Value
₹2,56,57,084Loan Paid Off
YesTotal Cost Incurred
₹1,99,04,036Tax Benefits
~₹21,00,00080C + Sec 24
Net Worth
₹2,56,57,084If You Rent
Investment Corpus
₹2,98,55,962Total Rent Paid
₹99,19,786No Property Owned
-Flexibility
HighCan relocate easily
Net Worth
₹1,99,36,176Buying Costs
Down Payment
₹16,00,000Loan Amount
₹64,00,000Registration & Stamp Duty
₹5,60,000Monthly EMI
₹55,541Total EMI Paid
₹1,33,29,765Total Interest
₹69,29,765Maintenance ({analysisYears}y)
₹29,42,847Property Tax ({analysisYears}y)
₹14,71,424Total Cost
₹1,99,04,036Renting Costs
Starting Rent
₹25,000/monthRent Increase
5% yearlyTotal Rent ({analysisYears}y)
₹99,19,786No Maintenance Cost
₹0No Property Tax
₹0No Loan Interest
₹0Invested Amount
₹21,60,000(Down payment + registration)
Final Corpus
₹2,98,55,962