Buy vs Rent कैलकुलेटर - Mumbai
In Bandra, a 2BHK costs roughly Rs 2-3 करोड़ to buy (EMI of Rs 1.6-2.4 लाख/month at 8.5% for 20 वर्ष) but rents for Rs 50,000-80,000/month. The rent-to-price ratio is just 2-3%, far below the 6-7% at which buying becomes clearly advantageous. In Mumbai, renting and investing the difference often outperforms buying.
Monthly EMI
₹55,541
Total Buying Cost
₹1,49,29,765
Total Renting Cost
₹99,19,786
Property Value at End
₹2,56,57,084
Break-Even Year
Year 1
Verdict
Buying is better long-term
Compares total cost of buying (down payment + EMIs) vs renting (with annual rent increases) over the loan tenure. Factors in property appreciation for the buying scenario.
Weekly Indian rate update
RBI repo, top FD rates, tax deadlines. Free. No spam.
Calculated with CalcCrack