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Renting or buying a home

Is rent really money down the drain, and how long would you have to stay for buying to win?

4 steps · Decisions

The path

  1. Read

    Why your EMI is mostly interest at the start

    Start here: most of an early EMI is interest, which is the part that behaves exactly like rent.

  2. Calculate

    Rent vs Buy Calculator

    Both paths run to the same date and compared on what each leaves you worth, not on the EMI against the rent.

  3. Compare

    Rent vs buy side by side

    Vary how long you stay. The answer moves further on that than on anything else you can control.

  4. Calculate

    EMI Calculator

    The loan on its own, with the full schedule, once the bigger decision is made.

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After this one

Insurance sold as an investment

A policy pays back far more than you put in — so what annual return is that, and why is it never printed?