Housing decision
Should you rent or buy? This compares the net wealth of each path year by year — factoring rent growth, your deposit, the down payment, stamp duty, EMIs, house appreciation and the return you'd earn investing elsewhere. Private: it all runs on your device.
Verdict
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Loan amount iHouse price minus your upfront (down payment + stamp duty), as defined in the model.
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Annual EMI iYearly loan instalment used by the model. The monthly figure below is this divided by 12.
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Total upfront iDown payment plus stamp duty & buying costs, paid on day one.
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House value at exit iEstimated market value of the home in your chosen year.
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Outstanding loan at exit
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Crossover iThe first year at which buying's net position overtakes renting's.
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Net position at exit iYour wealth from each path at the chosen year: cumulative costs (and opportunity costs) offset by any equity from selling the home. Less negative is better.
Renting — · Buying —
Net wealth changes over time iBoth lines are usually negative early on (you're spending). Whichever is higher at your chosen year wins.
House value over the years iEstimated market value of the home each year. It grows at your appreciation rate and stays flat after the appreciation-stop year. Hover or tap for a year.
Rent over the years iYour monthly rent each year. It grows at the rental-growth rate and is capped at the peak rent if you set one. Hover or tap for a year.
Renting and buying are each turned into a net wealth figure for every year. Renting adds up the rent you pay (growing each year) plus the return you forgo on your locked security deposit. Buying adds up your upfront cash (down payment + stamp duty), your loan instalments and the return you forgo on that upfront money — then credits back the equity you'd keep if you sold (the home's value minus the outstanding loan). Whichever path leaves you less out of pocket at your chosen year wins. Both figures are usually negative early on, and buying tends to catch up as the property appreciates and the loan shrinks.
Buying front‑loads huge costs — down payment, stamp duty and interest‑heavy early EMIs — while a home appreciates gradually. Renting only commits you to that year's rent, so it's usually ahead until appreciation and principal repayment tip the balance.
It's what your money could earn elsewhere (say, in mutual funds). It powers the opportunity cost on both sides — the deposit you lock as a renter, and the down payment you tie up as a buyer.
This mirrors the supplied model, which focuses on rent, deposit, loan, stamp duty, appreciation and opportunity cost. Ongoing maintenance, property tax, insurance and tax benefits aren't modelled — treat the result as a directional guide, not a full budget.
The model works in annual instalments; the monthly figure shown is the annual EMI divided by 12. A real monthly‑compounded EMI would differ slightly, but the rent‑vs‑buy conclusion is unaffected.
No. Everything is calculated in your browser — nothing is stored, transmitted, or shared.
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