Rent vs buy
Change any number. Renting counts rent increases and what your savings could earn; owning counts stamp duty, interest and the home you keep.
Renting
- Rent paid
- of which increases
- Your savings earned
- Landlord's EMI on the flat
- Your rent covers
- Net cost
Owning
- Down payment
- Stamp duty, registration
- EMI ×
- of which interest
- Savings earned
- Home value then
- Loan still owed
- Home you keep
- Net cost
Illustrative maths, not financial advice. It leaves out maintenance, property tax, home loan tax benefits and moving costs. The landlord's EMI assumes the flat is worth about 28 years of rent (a 3.6% rental yield) bought with 20% down.