Q

Should I buy my own apartment or continue to rent?

21 Jan 18 369
Should I buy my own apartment or continue to rent?

1 Answers

A

Shival Chaudhary

21 May 2020 05:01 PM

The average monthly cost of renting is derived from the sum of rents and maintenance costs whereas monthly cost of buying is calculated by adding maintenance costs to EMI. A high ratio indicates buying as the best option and a lower ratio points towards renting as the best option

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