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100 FAQ's on Basic Finance

Module Units

Should I rent or buy a house?

Either you buy or rent a house is a choice that one must take keeping into few considerations.


Let’s see this with an example:



** Note: The amount saved per month and the lumpsum amount are invested in mutual funds with an expected return of 12% for next 20 years.

  • Who will go for a buy?
    One who wants to have an immediate sense of ownership.
  • Who will go for renting? 
    One who prefers liquidity, as this person might end up with 2.78 crores of corpus.

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