LoanIRRHouse Purchase vs. Rent Decision(Change only the cells highlighted in blue)

Purchase assumptionsRent assumptionBase price5,000,000Home equity portion saved1,264,500Property typenew(Enter new/old)Yield on investment %9.00%0.72%Rent cap rate3.0%Loan%80%Starting rent12,500Equity portion1,000,000Nonrefundable Deposit 75,000Indirect taxesBroker fee12,500Stamp duty5.00%250,000Rent escalation rate7.0%Registration1.00%50,000Monthly Net salary65,000VAT1.00%50,000Annual salary growth%11%Service tax3.09%154,500Basic30%Total indirect taxes504,500HRA15%DA0%Loan amount4,240,00017667Equity1,264,500

Annual ratePeriodic rateTenure24020Interest10.5%0.84%Marginal tax rate30%80C investments made per year50,000

Property price Apprctn10.00%0.83%Property terminal value33,637,500

PurchaseRentIRR11.8%9.6%

MonthBg. DebtEMIInterestPrincipal RpmtCl. DebtTax benefit u/s 24 and 80CEquity CFRentEMI-Rent(EMI-Rent) invested in Bank FDNet SalaryBasicHRADATax benefitCF04,240,0000004,240,000-1,264,500-1,352,00014,240,00040,99135,4265,5654,234,435-35,42612,50028,491158,530-12,50024,234,43540,99135,3795,6114,228,824-35,37912,50028,491157,396-12,50034,228,82440,99135,3325,6584,223,166-35,33212,50028,491156,269-12,50044,223,16640,99135,2855,7054,217,461-35,28512,50028,491155,151-12,50054,217,46140,99135,2385,7534,211,708-35,23812,50028,491154,041-12,50064,211,70840,99135,1895,8014,205,907-35,18912,50028,491152,939-12,50074,205,90740,99135,1415,8504,200,057-35,14112,50028,491151,844-12,50084,200,05740,99135,0925,8984,194,159-35,09212,50028,491150,758-12,50094,194,15940,99135,0435,9484,188,211-35,04312,50028,491149,679-12,500104,188,21140,99134,9935,9974,182,214-34,99312,50028,491148,608-12,500114,182,21440,99134,9436,0474,176,167-34,94312,50028,491147,544-12,500124,176,16740,99134,8936,0984,170,06960,00025,10712,50028,491146,489780,000234,000117,000035,10022,600134,170,06940,99134,8426,1494,163,920-34,84213,37527,616140,974-13,375144,163,92040,99134,7906,2004,157,719-34,79013,37527,616139,965-13,375154,157,71940,99134,7386,2524,151,467-34,73813,37527,616138,963-13,375164,151,46740,99134,6866,3044,145,163-34,68613,37527,616137,969-13,375174,145,16340,99134,6336,3574,138,806-34,63313,37527,616136,982-13,375184,138,80640,99134,5806,4104,132,396-34,58013,37527,616136,001-13,375194,132,39640,99134,5276,4644,125,932-34,52713,37527,616135,028-13,375204,125,93240,99134,4736,5184,119,414-34,47313,37527,616134,062-13,375214,119,41440,99134,4186,5724,112,842-34,41813,37527,616133,103-13,375224,112,84240,99134,3636,6274,106,215-34,36313,37527,616132,150-13,375234,106,21540,99134,3086,6824,099,533-34,30813,37527,616131,205-13,375244,099,53340,99134,2526,7384,092,79460,00025,74813,37527,616130,266865,800259,740129,870038,96125,586254,092,79440,99134,1966,7954,086,000-34,19614,31126,679124,949-14,311264,086,00040,99134,1396,8514,079,148-34,13914,31126,679124,055-14,311274,079,14840,99134,0826,9094,072,240-34,08214,31126,679123,167-14,311284,072,24040,99134,0246,9664,065,273-34,02414,31126,679122,286-14,311294,065,27340,99133,9667,0254,058,249-33,96614,31126,679121,411-14,311304,058,24940,99133,9077,0834,051,166-33,90714,31126,679120,542-14,311314,051,16640,99133,8487,1424,044,023-33,84814,31126,679119,679-14,311324,044,02340,99133,7887,2024,036,821-33,78814,31126,679118,823-14,311334,036,82140,99133,7287,2624,029,559-33,72814,31126,679117,973-14,311344,029,55940,99133,6687,3234,022,236-33,66814,31126,679117,128-14,311354,022,23640,99133,6067,3844,014,852-33,60614,31126,679116,290-14,311364,014,85240,99133,5457,4464,007,40660,00026,45514,31126,679115,458961,038288,311144,156042,87128,560374,007,40640,99133,4837,5083,999,898-33,48315,31325,677110,328-15,313383,999,89840,99133,4207,5713,992,328-33,42015,31325,677109,538-15,313393,992,32840,99133,3577,6343,984,694-33,35715,31325,677108,754-15,313403,984,69440,99133,2937,6983,976,996-33,29315,31325,677107,976-15,313413,976,99640,99133,2287,7623,969,234-33,22815,31325,677107,203-15,313423,969,23440,99133,1647,8273,961,407-33,16415,31325,677106,436-15,313433,961,40740,99133,0987,8923,953,514-33,09815,31325,677105,675-15,313443,953,51440,99133,0327,9583,945,556-33,03215,31325,677104,918-15,313453,945,55640,99132,9668,0253,937,531-32,96615,31325,677104,168-15,313463,937,53140,99132,8998,0923,929,440-32,89915,31325,677103,422-15,313473,929,44040,99132,8318,1593,921,280-32,83115,31325,677102,682-15,313483,921,28040,99132,7638,2283,913,05260,00027,23715,31325,677101,9471,066,752320,026160,013045,52630,213493,913,05240,99132,6948,2963,904,756-32,69416,38524,60696,993-16,385503,904,75640,99132,6258,3663,896,390-32,62516,38524,60696,298-16,385513,896,39040,99132,5558,4363,887,955-32,55516,38524,60695,609-16,385523,887,95540,99132,4848,5063,879,449-32,48416,38524,60694,925-16,385533,879,44940,99132,4138,5773,870,872-32,41316,38524,60694,246-16,385543,870,87240,99132,3428,6493,862,223-32,34216,38524,60693,572-16,385553,862,22340,99132,2698,7213,853,502-32,26916,38524,60692,902-16,385563,853,50240,99132,1978,7943,844,708-32,19716,38524,60692,237-16,385573,844,70840,99132,1238,8673,835,841-32,12316,38524,60691,577-16,385583,835,84140,99132,0498,9413,826,899-32,04916,38524,60690,922-16,385593,826,89940,99131,9749,0163,817,883-31,97416,38524,60690,271-16,385603,817,88340,99131,8999,0923,808,79260,00028,10116,38524,60689,6251,184,095355,228177,614048,32931,944613,808,79240,99131,8239,1673,799,624-31,82317,53223,45984,836-17,532623,799,62440,99131,7469,2443,790,380-31,74617,53223,45984,229-17,532633,790,38040,99131,6699,3213,781,059-31,66917,53223,45983,626-17,532643,781,05940,99131,5919,3993,771,660-31,59117,53223,45983,028-17,532653,771,66040,99131,5139,4783,762,182-31,51317,53223,45982,434-17,532663,762,18240,99131,4349,5573,752,625-31,43417,53223,45981,844-17,532673,752,62540,99131,3549,6373,742,988-31,35417,53223,45981,258-17,532683,742,98840,99131,2739,7173,733,271-31,27317,53223,45980,677-17,532693,733,27140,99131,1929,7983,723,473-31,19217,53223,45980,100-17,532703,723,47340,99131,1109,8803,713,592-31,11017,53223,45979,526-17,532713,713,59240,99131,0289,9633,703,629-31,02817,53223,45978,957-17,532723,703,62940,99130,94410,0463,693,58360,00029,05617,53223,45978,3921,314,345394,304197,152051,28633,754733,693,58340,99130,86010,1303,683,453-30,86018,75922,23173,760-18,759743,683,45340,99130,77610,2153,673,238-30,77618,75922,23173,232-18,759753,673,23840,99130,69010,3003,662,938-30,69018,75922,23172,708-18,759763,662,93840,99130,60410,3863,652,552-30,60418,75922,23172,187-18,759773,652,55240,99130,51810,4733,642,080-30,51818,75922,23171,671-18,759783,642,08040,99130,43010,5603,631,519-30,43018,75922,23171,158-18,759793,631,51940,99130,34210,6493,620,871-30,34218,75922,23170,649-18,759803,620,87140,99130,25310,7383,610,133-30,25318,75922,23170,143-18,759813,610,13340,99130,16310,8273,599,306-30,16318,75922,23169,641-18,759823,599,30640,99130,07310,9183,588,388-30,07318,75922,23169,143-18,759833,588,38840,99129,98211,0093,577,379-29,98218,75922,23168,648-18,759843,577,37940,99129,89011,1013,566,27860,00030,11018,75922,23168,1571,458,923437,677218,839054,40335,643853,566,27840,99129,79711,1943,555,084-29,79720,07220,91863,672-20,072863,555,08440,99129,70311,2873,543,797-29,70320,07220,91863,217-20,072873,543,79740,99129,60911,3823,532,416-29,60920,07220,91862,764-20,072883,532,41640,99129,51411,4773,520,939-29,51420,07220,91862,315-20,072893,520,93940,99129,41811,5733,509,366-29,41820,07220,91861,869-20,072903,509,36640,99129,32111,6693,497,697-29,32120,07220,91861,427-20,072913,497,69740,99129,22411,7673,485,930-29,22420,07220,91860,987-20,072923,485,93040,99129,12511,8653,474,065-29,12520,07220,91860,551-20,072933,474,06540,99129,02611,9643,462,101-29,02620,07220,91860,117-20,072943,462,10140,99128,92612,0643,450,037-28,92620,07220,91859,687-20,072953,450,03740,99128,82612,1653,437,872-28,82620,07220,91859,260-20,072963,437,87240,99128,72412,2673,425,60660,00031,27620,07220,91858,8361,619,405485,821242,911057,68637,613973,425,60640,99128,62112,3693,413,237-28,62121,47719,51354,491-21,477983,413,23740,99128,51812,4723,400,764-28,51821,47719,51354,101-21,477993,400,76440,99128,41412,5773,388,188-28,41421,47719,51353,714-21,4771003,388,18840,99128,30912,6823,375,506-28,30921,47719,51353,330-21,4771013,375,50640,99128,20312,7883,362,718-28,20321,47719,51352,948-21,4771023,362,71840,99128,09612,8943,349,824-28,09621,47719,51352,569-21,4771033,349,82440,99127,98813,0023,336,822-27,98821,47719,51352,193-21,4771043,336,82240,99127,88013,1113,323,711-27,88021,47719,51351,820-21,4771053,323,71140,99127,77013,2203,310,491-27,77021,47719,51351,449-21,4771063,310,49140,99127,66013,3313,297,160-27,66021,47719,51351,081-21,4771073,297,16040,99127,54813,4423,283,717-27,54821,47719,51350,715-21,4771083,283,71740,99127,43613,5553,270,16360,00032,56421,47719,51350,3521,797,539539,262269,631061,14139,6631093,270,16340,99127,32313,6683,256,495-27,32322,98118,01046,140-22,9811103,256,49540,99127,20913,7823,242,713-27,20922,98118,01045,810-22,9811113,242,71340,99127,09313,8973,228,816-27,09322,98118,01045,482-22,9811123,228,81640,99126,97714,0133,214,803-26,97722,98118,01045,157-22,9811133,214,80340,99126,86014,1303,200,672-26,86022,98118,01044,834-22,9811143,200,67240,99126,74214,2483,186,424-26,74222,98118,01044,513-22,9811153,186,42440,99126,62314,3673,172,057-26,62322,98118,01044,194-22,9811163,172,05740,99126,50314,4873,157,569-26,50322,98118,01043,878-22,9811173,157,56940,99126,38214,6093,142,961-26,38222,98118,01043,564-22,9811183,142,96140,99126,26014,7313,128,230-26,26022,98118,01043,252-22,9811193,128,23040,99126,13714,8543,113,376-26,13722,98118,01042,943-22,9811203,113,37640,99126,01314,9783,098,39960,00033,98722,98118,01042,6361,995,269598,581299,290064,77341,7931213,098,39940,99125,88815,1033,083,296-25,88824,58916,40138,550-24,5891223,083,29640,99125,76115,2293,068,067-25,76124,58916,40138,274-24,5891233,068,06740,99125,63415,3563,052,710-25,63424,58916,40138,000-24,5891243,052,71040,99125,50615,4853,037,226-25,50624,58916,40137,728-24,5891253,037,22640,99125,37615,6143,021,612-25,37624,58916,40137,458-24,5891263,021,61240,99125,24615,7443,005,867-25,24624,58916,40137,190-24,5891273,005,86740,99125,11415,8762,989,991-25,11424,58916,40136,924-24,5891282,989,99140,99124,98216,0092,973,982-24,98224,58916,40136,660-24,5891292,973,98240,99124,84816,1422,957,840-24,84824,58916,40136,397-24,5891302,957,84040,99124,71316,2772,941,563-24,71324,58916,40136,137-24,5891312,941,56340,99124,57716,4132,925,149-24,57724,58916,40135,878-24,5891322,925,14940,99124,44016,5502,908,59960,00035,56024,58916,40135,6212,214,748664,425332,212068,58944,0001332,908,59940,99124,30216,6892,891,910-24,30226,31114,68031,655-26,3111342,891,91040,99124,16216,8282,875,082-24,16226,31114,68031,428-26,3111352,875,08240,99124,02216,9692,858,113-24,02226,31114,68031,204-26,3111362,858,11340,99123,88017,1112,841,003-23,88026,31114,68030,980-26,3111372,841,00340,99123,73717,2532,823,749-23,73726,31114,68030,759-26,3111382,823,74940,99123,59317,3982,806,352-23,59326,31114,68030,538-26,3111392,806,35240,99123,44817,5432,788,809-23,44826,31114,68030,320-26,3111402,788,80940,99123,30117,6902,771,119-23,30126,31114,68030,103-26,3111412,771,11940,99123,15317,8372,753,282-23,15326,31114,68029,888-26,3111422,753,28240,99123,00417,9862,735,295-23,00426,31114,68029,674-26,3111432,735,29540,99122,85418,1372,717,159-22,85426,31114,68029,461-26,3111442,717,15940,99122,70218,2882,698,87060,00037,29826,31114,68029,2512,458,371737,511368,756072,59346,2821452,698,87040,99122,54918,4412,680,429-22,54928,15212,83825,398-28,1521462,680,42940,99122,39518,5952,661,834-22,39528,15212,83825,216-28,1521472,661,83440,99122,24018,7502,643,084-22,24028,15212,83825,036-28,1521482,643,08440,99122,08318,9072,624,177-22,08328,15212,83824,856-28,1521492,624,17740,99121,92519,0652,605,112-21,92528,15212,83824,679-28,1521502,605,11240,99121,76619,2242,585,887-21,76628,15212,83824,502-28,1521512,585,88740,99121,60519,3852,566,502-21,60528,15212,83824,327-28,1521522,566,50240,99121,44419,5472,546,955-21,44428,15212,83824,153-28,1521532,546,95540,99121,28019,7102,527,245-21,28028,15212,83823,980-28,1521542,527,24540,99121,11619,8752,507,370-21,11628,15212,83823,808-28,1521552,507,37040,99120,94920,0412,487,329-20,94928,15212,83823,638-28,1521562,487,32940,99120,78220,2082,467,12060,00039,21828,15212,83823,4692,728,791818,637409,319076,78948,6371572,467,12040,99120,61320,3772,446,743-20,61330,12310,86719,724-30,1231582,446,74340,99120,44320,5482,426,195-20,44330,12310,86719,583-30,1231592,426,19540,99120,27120,7192,405,476-20,27130,12310,86719,443-30,1231602,405,47640,99120,09820,8922,384,584-20,09830,12310,86719,304-30,1231612,384,58440,99119,92421,0672,363,517-19,92430,12310,86719,165-30,1231622,363,51740,99119,74821,2432,342,274-19,74830,12310,86719,028-30,1231632,342,27440,99119,57021,4202,320,853-19,57030,12310,86718,892-30,1231642,320,85340,99119,39121,5992,299,254-19,39130,12310,86718,757-30,1231652,299,25440,99119,21121,7802,277,474-19,21130,12310,86718,623-30,1231662,277,47440,99119,02921,9622,255,512-19,02930,12310,86718,489-30,1231672,255,51240,99118,84522,1452,233,367-18,84530,12310,86718,357-30,1231682,233,36740,99118,66022,3302,211,03760,00041,34030,12310,86718,2263,028,959908,688454,344081,18251,0591692,211,03740,99118,47422,5172,188,520-18,47432,2328,75914,584-32,2321702,188,52040,99118,28522,7052,165,815-18,28532,2328,75914,480-32,2321712,165,81540,99118,09622,8952,142,920-18,09632,2328,75914,376-32,2321722,142,92040,99117,90423,0862,119,834-17,90432,2328,75914,273-32,2321732,119,83440,99117,71223,2792,096,555-17,71232,2328,75914,171-32,2321742,096,55540,99117,51723,4732,073,081-17,51732,2328,75914,070-32,2321752,073,08140,99117,32123,6702,049,412-17,32132,2328,75913,969-32,2321762,049,41240,99117,12323,8672,025,544-17,12332,2328,75913,869-32,2321772,025,54440,99116,92424,0672,001,478-16,92432,2328,75913,770-32,2321782,001,47840,99116,72324,2681,977,210-16,72332,2328,75913,672-32,2321791,977,21040,99116,52024,4711,952,739-16,52032,2328,75913,574-32,2321801,952,73940,99116,31524,6751,928,06460,00043,68532,2328,75913,4773,362,1441,008,643504,322085,77553,5431811,928,06440,99116,10924,8811,903,183-16,10934,4886,5039,933-34,4881821,903,18340,99115,90125,0891,878,094-15,90134,4886,5039,862-34,4881831,878,09440,99115,69225,2991,852,795-15,69234,4886,5039,792-34,4881841,852,79540,99115,48025,5101,827,285-15,48034,4886,5039,722-34,4881851,827,28540,99115,26725,7231,801,561-15,26734,4886,5039,652-34,4881861,801,56140,99115,05225,9381,775,623-15,05234,4886,5039,583-34,4881871,775,62340,99114,83626,1551,749,468-14,83634,4886,5039,515-34,4881881,749,46840,99114,61726,3731,723,095-14,61734,4886,5039,446-34,4881891,723,09540,99114,39726,5941,696,501-14,39734,4886,5039,379-34,4881901,696,50140,99114,17526,8161,669,685-14,17534,4886,5039,312-34,4881911,669,68540,99113,95027,0401,642,645-13,95034,4886,5039,245-34,4881921,642,64540,99113,72527,2661,615,37960,00046,27534,4886,5039,1793,731,9801,119,594559,797090,56956,0811931,615,37940,99113,49727,4941,587,885-13,49736,9024,0885,730-36,9021941,587,88540,99113,26727,7231,560,162-13,26736,9024,0885,689-36,9021951,560,16240,99113,03527,9551,532,207-13,03536,9024,0885,648-36,9021961,532,20740,99112,80228,1891,504,018-12,80236,9024,0885,608-36,9021971,504,01840,99112,56628,4241,475,594-12,56636,9024,0885,568-36,9021981,475,59440,99112,32928,6621,446,932-12,32936,9024,0885,528-36,9021991,446,93240,99112,08928,9011,418,031-12,08936,9024,0885,488-36,9022001,418,03140,99111,84829,1431,388,889-11,84836,9024,0885,449-36,9022011,388,88940,99111,60429,3861,359,502-11,60436,9024,0885,410-36,9022021,359,50240,99111,35929,6321,329,871-11,35936,9024,0885,371-36,9022031,329,87140,99111,11129,8791,299,991-11,11136,9024,0885,333-36,9022041,299,99140,99110,86230,1291,269,86358,91148,04936,9024,0885,2954,142,4981,242,749621,375095,56558,6632051,269,86340,99110,61030,3811,239,482-10,61039,4851,5051,935-39,4852061,239,48240,99110,35630,6341,208,848-10,35639,4851,5051,922-39,4852071,208,84840,99110,10030,8901,177,957-10,10039,4851,5051,908-39,4852081,177,95740,9919,84231,1481,146,809-9,84239,4851,5051,894-39,4852091,146,80940,9919,58231,4091,115,400-9,58239,4851,5051,881-39,4852101,115,40040,9919,31931,6711,083,729-9,31939,4851,5051,867-39,4852111,083,72940,9919,05531,9361,051,793-9,05539,4851,5051,854-39,4852121,051,79340,9918,78832,2031,019,590-8,78839,4851,5051,841-39,4852131,019,59040,9918,51932,472987,119-8,51939,4851,5051,827-39,485214987,11940,9918,24832,743954,376-8,24839,4851,5051,814-39,485215954,37640,9917,97433,017921,359-7,97439,4851,5051,801-39,485216921,35940,9917,69833,292888,06748,02740,32939,4851,5051,7884,598,1721,379,452689,7260100,76361,278217888,06740,9917,42033,571854,496-7,42042,249-1,2590-42,249218854,49640,9917,13933,851820,645-7,13942,249-1,2590-42,249219820,64540,9916,85734,134786,511-6,85742,249-1,2590-42,249220786,51140,9916,57134,419752,092-6,57142,249-1,2590-42,249221752,09240,9916,28434,707717,385-6,28442,249-1,2590-42,249222717,38540,9915,99434,997682,389-5,99442,249-1,2590-42,249223682,38940,9915,70135,289647,100-5,70142,249-1,2590-42,249224647,10040,9915,40735,584611,516-5,40742,249-1,2590-42,249225611,51640,9915,10935,881575,635-5,10942,249-1,2590-42,249226575,63540,9914,81036,181539,454-4,81042,249-1,2590-42,249227539,45440,9914,50736,483502,970-4,50742,249-1,2590-42,249228502,97040,9914,20236,788466,18236,00131,79842,249-1,25905,103,9711,531,191765,5960106,16163,912229466,18240,9913,89537,095429,087-3,89545,207-4,2160-45,207230429,08740,9913,58537,405391,681-3,58545,207-4,2160-45,207231391,68140,9913,27337,718353,963-3,27345,207-4,2160-45,207232353,96340,9912,95738,033315,930-2,95745,207-4,2160-45,207233315,93040,9912,64038,351277,579-2,64045,207-4,2160-45,207234277,57940,9912,31938,671238,908-2,31945,207-4,2160-45,207235238,90840,9911,99638,994199,914-1,99645,207-4,2160-45,207236199,91440,9911,67039,320160,594-1,67045,207-4,2160-45,207237160,59440,9911,34239,649120,945-1,34245,207-4,2160-45,207238120,94540,9911,01139,98080,965-1,01145,207-4,2160-45,20723980,96540,99167640,31440,651-67645,207-4,2160-45,20724040,65140,99134040,651022,71122,37145,207-4,21605,665,4081,699,622849,8110111,75566,54804,240,00033,637,500012,717,85707,086,777

PurchaseRentPeriodicAnnualizedPeriodicAnnualizedIRR0.94%11.8%0.77%9.59%

ExemptionsTax exemptionsExemptionPre-conditionITSec 24: You can claim up to Rs. 150,000 or the actual interest repaid whichever is lower.Interest exemption can be availed only the house is in possessionSec 80C: Principal can be claimed up to the maximum of Rs. 100,000Principal repayment is one of the many items exempt including PPF, LIC etc. Maximum exemption is 100,000HRATax exemption is calculated as the least of the following:Rent paid in excess of 10% of basicActual HRA received50% of basic salary (40% for non-metro cities)