Rent vs Buy Calculator

Make an informed decision on whether to rent or buy. This tax-aware comparison considers HRA benefits for renting, home loan deductions for buying, and wealth accumulation over time.

Tax benefits differ significantly between Old and New regimes. Compare both scenarios.

If You Rent

Current Monthly Rent (Rs)

Expected Rent Increase (%/year)

Monthly HRA Received (if salaried)

City

If You Buy

Property Value (Rs)

Down Payment (Rs)

Home Loan Interest Rate (%)

Loan Tenure (years)

Expected Property Appreciation (%/year)

Your Profile

Your Tax Slab (%)

Analysis Period (years)

Analyzing your options...

Important Considerations

Tax Benefits of Renting

HRA exemption reduces your taxable income. Metro cities get 50% of basic salary exemption, non-metros get 40%. You can claim even if paying rent to parents.

Tax Benefits of Buying

Home loan principal (80C - up to Rs 1.5L) and interest (24b - up to Rs 2L for self-occupied) are deductible. But only under Old Tax Regime!

Hidden Costs of Buying

Registration, stamp duty (5-7%), maintenance, property tax, repairs, and opportunity cost of down payment. This calculator factors in the major ones.