Rent or buy?

Whether to keep renting or take a home loan, compared honestly over the period you expect to stay. The comparison is rent against the true cost of ownership — interest, maintenance, property tax, transaction costs — not rent against EMI.

What it means

Whether to keep renting or take a home loan, compared honestly over the period you expect to stay.

Why it matters to a household

The comparison is rent against the true cost of ownership — interest, maintenance, property tax, transaction costs — not rent against EMI.

Where it trips people up

Comparing rent to EMI. Part of an EMI is principal, which is saving, while interest and duties are genuinely spent.

In an Indian household

In several Indian cities, rental yields are low enough that renting and investing the difference is defensible for a stay under five to seven years.

Where FamTally comes in

FamTally is a free AI-driven money manager built for Indian families. It holds your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and lets you ask an assistant questions about your own numbers rather than looking up general advice. Everything on this page is the kind of thing it works out for you automatically.

Stop doing this in a spreadsheet

FamTally keeps your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and answers questions about your own numbers. Free, and built for Indian families.