Free tool
Rent vs buy calculator
The question every renter asks. Put in your rent, a home price and your assumptions, and see which path leaves you better off.
Same money on both sides: whoever pays less each month invests the gap. Ignores tax, selling costs and rent deposits. Change the assumptions; the answer moves with them.
Same money, two paths
Path one: you buy. You pay a down payment and the one-off costs today, then an EMI and maintenance every month. Path two: you keep renting. You invest the cash you would have spent on the down payment, and each month invest whatever you save by not paying the EMI. After the years you choose, the calculator compares what each path has built.
An illustrative example
With a ₹70 lakh home, 20% down, a ₹22,000 rent and the default assumptions (all example figures, not Reeva prices), the result is shown above. Move the home-value rise from 5% to 3%, or the investment return from 7% to 10%, and watch the answer change. That sensitivity is the real lesson.
Beyond the numbers
Stability for children’s schooling, freedom to change cities, and the peace of a home no landlord can ask you to leave all matter too. If buying looks right, check how much house you can afford and the down payment you need, then come and see The Shalott Marque.
Other tools that help
- TDS on Property Purchase CalculatorThe 1% you hold back from the seller and pay to the tax department, worked out.
- GST on Under-Construction Flat CalculatorWhether 1% or 5% applies to your flat, with the CGST and SGST split.
- Home Loan Prepayment CalculatorHow much interest and how many months a lump-sum prepayment saves.
- Home Loan Amortisation ScheduleEvery EMI, month by month: interest, principal and balance left.
- Home Affordability CalculatorThe highest home price your pay and savings support, with RBI loan limits.
- Home Loan EMI CalculatorYour monthly instalment and the total interest, year by year.
- Loan eligibilityA rough idea of what a bank may lend from your pay.
- Stamp duty, KarnatakaDuty, cess, surcharge and registration fee in one place.
- First-home guideEvery step of buying your first flat in Bengaluru.
- The Shalott Marque2 and 3 BHK homes at S Medihalli, Sarjapur–Attibele Road. Price on request.
FAQ
Questions people ask
Is rent just money thrown away?
Not quite. Rent buys you a place to live, and so does the interest on a home loan. The fair comparison is rent against the costs of owning that you never get back: interest, maintenance and stamp duty, set against what the home may be worth later.
How does this calculator compare the two fairly?
It gives both paths the same money. The renter invests the cash the buyer spends upfront. Each month, whoever pays less invests the difference. At the end it adds up what each side owns: the buyer’s home value minus the loan left plus any savings, and the renter’s investments.
What growth rates should I use?
They are your assumptions, not forecasts, and nobody can promise them. Try a cautious set and a hopeful set. If buying wins in both, the answer is clearer; if it flips, the decision depends on things the numbers cannot settle.
Why might renting win in the short run?
Buying has heavy one-off costs, such as stamp duty and registration, and early EMIs are mostly interest. Over a few years these may not be recovered. The longer you stay, the more time the home has to make up for them.
What does the calculator leave out?
Tax deductions on the loan, the cost of selling, rent deposits, and the comfort of a home of your own. Add those to your thinking. For the paperwork side of buying, see the first-home guide.
Want to run these numbers on a real home?
Ask the Reeva team for the price of a home at The Shalott Marque, then put it into the calculator. We will walk you through the costs, the paperwork and the loan, plainly.