Rent v/s Buy



Rent Details


₹
🏬

₹
🔒

10
%

House Details


₹
🏠

₹
💰

6
%

Loan outstanding:
₹90,00,000


8.5
%

15
Yr

EMI: ₹88,627


12
%



Net Worth comparision after 15 years



RENTING A HOUSEAMOUNT
Rent paid₹1,33,44,442
Security deposit₹1,00,000
Total Outflow₹1,34,44,442
Down payment growth₹1,64,20,697
EMI savings growth₹1,54,75,785
Total Infow₹3,18,96,482
Net Worth₹1,84,52,040

BUYING A HOUSEAMOUNT
EMIs paid₹1,59,52,860
Down payment₹30,00,000
Total Outflow₹1,89,52,860
House appreciation₹2,87,58,698
Rental savings growth₹16,27,507
Total Infow₹3,03,86,205
Net Worth₹1,14,33,345



You should go ahead with "Renting" a house.




YEARRENTEMIRENT SAVINGS> GROWTHEMI SAVINGS> GROWTH
14,20,00010,63,5246,43,5246,86,92600
24,62,00010,63,5246,01,52414,16,13900
35,08,20010,63,5245,55,32421,88,51800
45,59,02010,63,5245,04,50430,04,60700
56,14,92210,63,5244,48,60238,64,52400
66,76,41410,63,5243,87,11047,67,86100
77,44,05610,63,5243,19,46857,13,55900
88,18,46110,63,5242,45,06366,99,77200
99,00,30710,63,5241,63,21777,23,69600
109,90,33810,63,52473,18687,81,37600
1110,89,37210,63,524098,35,14125,84827,591
1211,98,30910,63,52401,10,15,3581,34,7851,74,966
1313,18,14010,63,52401,23,37,2012,54,6164,68,944
1414,49,95410,63,52401,38,17,6653,86,4309,40,910
1515,94,94910,63,52401,54,75,7855,31,42516,27,507