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- good information provided.CommentQuote0Flag
- This is the worst rent vs buy calculator I have seen.It does take into account,inflation & your savings growth. I believe this is the best one -
Make sure you use the advance settings well---
Note: Rate of return is average 15% on savings if money saved is put in MFs
Actual Inflation average in India is 10% over the years
Average Interest rate - 9% pa
Considering just these two factors, the property needs to appreciate atleast the rate of 20% per annum EVERY YEAR FOR THE NEXT 20-25-30 YEARS -- JUST TO BREAK EVEN .....OR YOU WILL ALWAYS BE LOSING MONEY WHEN YOU BUY...
Well, surely a very pessmistic thoght,aye??????CommentQuote0Flag
- buy or rent
A nice article by indianexpress on buy vs rent.
House: Buy or Rent?CommentQuote0Flag
- Thank you neetak! this is very comprehensive calculator. Great work!CommentQuote0Flag