Should I go for buying or renting a house is the question everyone faces at some point in life. To determine this one has to consider various factors such as property price, rental amount, loan details, prospects for appreciation & taxes. To make the decision easier, we have the Buy vs Rent Calculator designed for you that will help you in making the right choice.
This calculator compares the expenses during buying and renting. It depends on the inputs like:
Property Prices
Appreciation Rate
Monthly Rent
Home Loan Rate & Tenure
Appreciation Rate
The calculator then determines buying cost & renting cost and displays the break even period.