Rent vs Buy Calculator
Holding period पर renting vs buying का total cost compare करें। Mortgage, taxes, maintenance, appreciation, rent inflation, opportunity cost model करता है। Break-even year find करता है।
Models US-style mortgage math (fixed-rate, monthly payment). Local property tax conventions and tax-deductibility of mortgage interest vary — adjust your "property tax %" + "marginal tax rate" accordingly. Excludes utilities and HOA/condo fees on the rental side (assume equivalent).
🏠 Buy side
🏘️ Rent side
⚙️ Settings
यह किसके लिए है?
Conventional wisdom कहती है renting "money throw करना" है और buying "wealth build करता है"। दोनों halves wrong हैं। Buying में बड़े hidden costs होते हैं (property tax, maintenance, transaction costs, down payment पर opportunity cost) जो headline mortgage payment ignore करता है। Renting down payment को markets में compound करने के लिए free करता है, जो 10-year horizon पर home appreciation को match या beat कर सकता है।
Model
- Buy: annual cash = mortgage + property tax + insurance + maintenance − tax benefit। End-of-period wealth = home value − selling costs − remaining loan।
- Rent: annual cash = rent + renter's insurance। Down payment + closing costs invested + annual differential।
5 deciding inputs
- Holding period।
- Expected home appreciation।
- Return on alternative investment।
- Rent inflation।
- Mortgage rate।
क्या model नहीं करता
- PMI जब down payment < 20%।
- Refinance opportunities।
- Different sized home खरीदना।
- Forced savings effect।
- Liquidity और mobility।
साथ pairs
- mortgage-affordability-calculator, compound-interest-calculator, inflation-calculator, cap-rate।