کرایہ یا خریداری کیلکولیٹر

1. پراپرٹی کی قیمت، اپنی ڈاؤن پیمنٹ کا فیصد اور اپنی ریاست میں اسٹامپ ڈیوٹی، رجسٹریشن اور خریداری کے دیگر ایک بار کے خرچ درج کریں۔
2. ہوم لون کی شرح سود اور قرض کی مدت درج کریں۔
3. ملتے جلتے گھر کا ماہانہ کرایہ درج کریں اور یہ بھی کہ کرایہ ہر سال کتنا بڑھتا ہے۔
4. اپنے اندازے طے کریں: پراپرٹی کی قیمت کتنی تیزی سے بڑھتی ہے، لگائے گئے پیسے پر کتنا ریٹرن ملتا ہے، سالانہ مینٹیننس کتنی ہے، اور کتنے سال کا موازنہ کرنا ہے۔
5. نتیجہ آپ کے ٹائپ کرتے ہی بدل جاتا ہے۔ آپ دیکھیں گے کہ خریدنے پر اور کرائے پر رہنے پر آپ کی نیٹ ورتھ کتنی ہوگی، کون سا راستہ آگے رہتا ہے اور کتنے فرق سے، ساتھ میں سال بہ سال چارٹ اور ٹیبل بھی۔ ایک وقت میں ایک ہی اندازہ بدل کر دیکھیں کہ پلڑا کس بات سے جھکتا ہے۔

Rent or buy: comparing like with like

"Rent is money down the drain" is only half the story. A buyer also pays money that never comes back: loan interest, stamp duty, maintenance and property tax. On top of that, a big down payment gets locked up when it could have been invested. This rent vs buy calculator asks a fair question: if both people spend the same amount every month, who has more wealth after a set number of years?

The model and its assumptions

• Day one: the buyer pays the down payment plus buying costs (stamp duty, registration and so on). The renter invests that same amount instead.
• Every month: the buyer pays the EMI plus maintenance, and the renter pays rent. Whoever spends less invests the difference. Early on that's usually the renter. Once the loan is paid off, it's usually the buyer.
• Investments grow at your chosen return, compounded monthly (rate ÷ 12), the same way our SIP calculator works.
• Rent goes up once a year by your chosen %. The home's value grows by your chosen % every year.
• Maintenance (society charges, repairs, property tax, insurance) is a yearly % of the home's current value.
• Net worth at the end: buyer = home value − loan still owed + buyer's investments; renter = renter's investments.
• Not included: home loan tax deductions, brokerage, selling costs, capital gains tax on the house or the investments, the rent security deposit, and moving costs.

Worked example

Take an ₹80 lakh flat with 20% down, 7% buying costs and an 8.5% loan for 20 years (EMI ₹55,541). Compare it with renting a similar flat for ₹20,000 a month. Rent and the property both rise 5% a year, investments earn 10%, maintenance is 0.5% a year, and we look at the position after 15 years. The buyer pays ₹21.6 lakh up front, and the renter invests that amount.

With these numbers, renting wins over 15 years. The main reason is that the rent (₹2.4 lakh a year) is only 3% of the price, while the loan costs 8.5%. Buying catches up if the property rises faster, rent is a bigger share of the price, investment returns are lower, or you stay longer.

What tips the balance

• Rental yield (yearly rent ÷ price). In many Indian cities rent is a small fraction of the price, which favours renting. Where rent is high compared with the price, buying looks better.
• How long you stay. Buying costs are paid once, so they hurt most over short periods. If you might move city in a few years, renting keeps you flexible.
• Discipline. The renter comes out ahead only if they really invest the difference every month. If that money would get spent, buying works as forced saving.
• Appreciation. Price growth varies a lot by city and locality, and it isn't guaranteed. Try a few values instead of trusting one.

Money isn't the only factor. Owning gives you security and the freedom to renovate. Renting gives you flexibility and no maintenance headaches. Use the numbers to see what your choice costs, not to make the choice for you.