Rent or buy house Calculator

Monthly rent

₹

Monthly rental insurance

₹

Expected annual inflation rate

%

Purchase price of home

%

Down payment amount

₹

Mortgage term

Years

Mortgage's annual interest rate (APR)

%

Discount points on purchase of home

%

Origination fees

%

Other loan costs

₹

Mortgage Insurance (PMI)

%

Annual homeowner's insurance

₹

Monthly association dues

₹

Average monthly maintenance

₹

Annual property tax

₹

State plus federal income tax rate

%

Interest rate you expect to earn on savings

%

Expected percentage your home will appreciate by each year

%

Number of years you will stay at this property

Years

Realtor commission rate

%

Total estimated cost of renting:

Total estimated cost of buying:

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CA Vikas Jain - Chief Advisor

Mr. Vikas Jain is a reputed Chartered Accountant possessing in-depth understand...