What is it & why use it?
Decide whether to rent or buy a house by comparing costs, EMIs, rent payments, and appreciation using our Rent vs Buy Calculator. This tool on Calci.in helps families and individuals compare financial implications of both options.

Formula (explained)
Compare:
Total Rent Paid = Monthly Rent × Years
Total Buying Cost = Down Payment + EMIs + Maintenance – Appreciation
Variables: Rent = monthly rent, Years = duration, EMI = monthly loan installment, Appreciation = property value increase.

Example calculation
Rent ₹20,000/month for 10 years → ₹24,00,000.
Buy: EMI ₹25,000 × 120 = ₹30,00,000 – Appreciation ₹10,00,000 → Net ₹20,00,000.

Benefits & use cases
Make informed property decisions
Understand long-term costs
Compare equity growth vs rental savings

Related calculators on Calci.in
Mortgage Calculator
Property Tax Calculator
Stamp Duty Calculator

External references (authority sources)
Investopedia – Rent vs Buy
NerdWallet – Rent vs Buy Calculator

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FAQs
Q1: Is renting always cheaper?
A: Not always, it depends on property appreciation and loan terms.
Q2: Why should I buy instead of rent?
A: Buying builds equity, renting does not.
Q3: Does location matter?
A: Yes, property appreciation varies by city and area.
Q4: Can I include tax benefits?
A: Yes, home loan tax deductions should also be considered.