Should I Rent or Buy Calculator
Find out if you should rent or buy based on your finances and market conditions.
Rent vs Buy Decision
Key factors: Income, savings, job stability, local market, how long you plan to stay
Considerations
- Buying: Equity, appreciation, stability
- Renting: Flexibility, liquidity, no maintenance
- Break-even: Usually 5-7 years
Frequently Asked Questions
When is renting better?
When you need flexibility, have limited savings, or prices are very high relative to rent.
When is buying better?
When you plan to stay 5+ years, have 20% down, and EMI is close to rent.