Home - Buy Vs Rent Calculator / வாடகை வீடா? சொந்த வீடா?
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- Опубліковано 28 сер 2024
- Home - Buy Vs Rent Calculator. A calculator to compare the cost of owning a home to renting a home is explained in detail.
Following questions are answered:
1. Are we throwing away money by renting a home?
2. What is Opportunity Cost?
3. What is Price to Rent ratio?
4. What value of Price to Rent ratio favors buying a home?
Calculator (Copy to your account to use it - File - Make a Copy):
docs.google.co...
Instructions to copy the file:
If you are using mobile, click the three dots in the top right corner, then export & Share and then make a copy. That will copy the file to your account so that you can edit. If you are in a desktop computer, go to File - Make a Copy to copy the file.
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Hi anna, I have a doubt for a long time. what I notice here is investing on lands is much profitable than index funds investment. as you said your videos index fund investment doubles every 5 years but we bought a land in 2000 for 3.5 laks and now it worths around 1 crore even some other land prices increased more than this and some land prices increased 2 to 3 times within 6 month period but let's assume if we invest on index funds it grows like thia every 5 year 3.5, 7, 14, 28, 56laks but this just assumptions but in 2009 to 2015 we couldn't see much returns.
please explain me this scenario this not only my doubt most of the people have the same doubt.
Thanks.
@@ijaz8608 If you believe investing in land is more profitable, do it. We have to invest on assets that we believe in.
@@InvestmentInsightsTamil but generally most of the investors investing on stocks and shares so what I feel we are missing to understand or analyse something that's why i am asking.
and thanks for your reply
111my67
Sir an important point missing, there is a variation between individual house vs flat, flats are mostly depreciating or stagnant, while individual house has land component which appreciates minimum 20%
அவசரப்பட்டு லோன் வாங்கி வீடு கட்ட கூடாது என்பதற்க்கான நல்ல பயனுள்ள ஆலோசனை நன்றி சார்
கடன் வாங்கி வீடு கட்டாதீர்கள், வீடு கட்ட அதிக பணம் செலவிடாதீர்கள் சிறுக கட்டி பெருக வாழ் 🥰
அண்ணா, என்ன தெளிவான பேச்சு....👌 எனது பள்ளி ஆசிரியர் வகுப்பெடுப்பது போல துலக்கமா இருந்தது. அருமை.
நன்றிங்க அண்ணா 🙏
Buying house is emotional for many people but most of them are buying as an investment which is wrong. Quite nice explanation.Thank you.
Yes ....if it is ur first home it is purely emotional....
இந்த கருத்தில் தான் 15 வருடம் வாடகை வீட்டில் இருந்தேன் ஆனால் இந்த கருத்தில் பல பிழைகள் உள்ளன. தங்குவதற்கு சொந்த வீடு என்பது காட்டாயம் ஒவ்வொரு நபருக்கும் தேவை. ஏட்டு சுரைக்காய் கறிக்கு உதவாது.
தேவைக்கு கண்டிப்பாக வாங்கி கொள்ளலாம். தப்பே இல்லை.
உண்மை. இந்த கருத்தியலை 2 பேருக்கு அப்ளை பண்ணுங்க. சாத்தியமா ஒரு கோடி வச்சிருப்பான்னு நெனைக்குறிங்க
நீங்கள் விடியோவை முழுமையாக புரிந்து கொள்ள வில்லை. அவர் கடைசியில் ஒரு formula அறிவித்தார். அதன் படி பாருங்கள் அவர் பரிந்துரை செய்த் என் எனில் நீங்கள் வீடு வாங்கலாம்
@@arjundece இன்வெஸ்ட்மென்ட்க்கும் வீடு/நிலம் தான் பெஸ்ட். உங்க ஏரியா ல 1940/1960/1980/2000/2020 வருடங்களில் நிலத்தின் மதிப்பு என்னனு தெரிஞ்ச வரைக்கும் ஒரு table ரெடி பண்ணுங்க. ஒவ்வொரு 20 yearlayum மதிப்பு 50 முதல் 100 மடங்கு அதிகம் ஆகிருக்கும். இவங்க சொல்ற எந்த இன்வெஸ்ட்மெண்டும் அந்த அளவுக்கு கிடைக்காது. அதில்லாம ரிஸ்க் வேற. யூ tube அட்வைஸ் கேக்கறவங்கெல்லாம் கண்டிப்பா 20 வருஷம் கழிச்சு வருத்தப்படுவீங்க. கோடியும் இல்லாம வீடும் இல்லாம பொலம்பனும்.
@@arunprakashg47 நீங்கள் ரியல் எஸ்டேட்டை தொழில் செய்பவர் எனில் உங்களுக்கு பொருந்தாது. ஆனால் என்னை போன்று பொதுமக்கள் எனில். பொருந்தும் வீடியோ முழுவதும் பார்க்கவும் அவர் சொன்ன படி பார்க்கும்போது நல்ல லாபம் கிடைக்கும்
Me : Excellent Presenation sir💯😊🙏💐💐💐💐💐💐💐
My next move : share this to those who aren't aware of Finance calculation behind this
பயனுள்ள பதிவு . மக்களுக்கு வாடகை வீடு,சொந்தவீடு இவற்றில் எது சரி ,எது அவசியம் என்று தெளிவாக்கிய பதிவு அவசியமான ஒன்று .இப்பதிவு பெரும்பாண்மையோருக்கு ஒரு நல்ல தீர்வாக அமைந்துள்ளது. சிறந்த பதிவு .
For Rented house shifting + installation + damage + repaint charges are their. Max owner not let more than 4 years. I have been in rent from my birth. So the additional charges is added to rent the house will increase accuracy. Thanks!
நீங்க 4 years once change panna oru 1 lakh aaguma..appo antha calculation la maximum 5 lakh kuda add pannikonga..so even aftr u get 60lakh ++
You are already my 'manaseega' guru brother. Wish I had a guru like you at the start of my career. Thank you so much for your videos.
There is another rare opportunity we have. Leasing the house instead of renting it. It has its own drawbacks but I think its financially more beneficial.
What are the drawbacks of leasing?
@@nelgtruth4607
Not much. We have to stay till the agreed tenure even if we dont like it at some point of time.
Finding a good place for lease itself is not an easy task I guess. Most land lords would want to rent it.
In Canada, US house rent cost is almost same as EMI. But, in India the values are totally contradictory due to the large diversity in the economic situation of people. So, the dream of having own house will only benefit banks and realtors but, not middleclass people.
Loan vaangitu 25 varusham kattite irukkurathuku bathila 10-15 years antha kaasa sethu vachu, loan illamalaye veedu vaangidalam pola. Thanks for the clear explanation.
சொந்த ஊரில் சொந்த வீடு கட்டுவது நல்லது.... வேலை செய்யும் இடத்தில் வீடு .. lease ku செல்வது...good...rent even tough..get for lease👍
I am presently comfortable at a rented home. I was in dilemma to buy a home. Now I am clear. Semma clarity ya explain pannenga. That last punch was awesome.
I curse...ur owner will kick out u soon....then you'll realize the importance of owning ur own home rather than renting as a lifetime slave
Eye opener for me sir… thank you.. create passive income.. more income streams and then one point you might have a surplus money , use that money to buy whatever you want home , car etc.. till that keep creating money making investments .. don’t let any emotions to take over you.. be like a yogi 🧘♂️
Y yogi needs money😬
Absolutely true, but the trauma of being at rental house, land Lord pressure and noise, and shifting process makes people to think just take a loan and buy a house and be the king of your own.. Certainly its emotional...
So true
There is a saying - "Fools construct houses and wise stay there. Your statement supports this view. This apart your communication is very simple and clear and your financial advices are very much useful to youngsters, who really do not have any person to advise in this matter. Really great service.
Thank You!
So u mean fools are kings & wise are lifetime slaves.
Excellent video sir most of them are buying due to peer pressure. Makes sense. Also you had conservatively put no fees for annual maintenance .most of them are buying apartments with very little undivided share of UDS and paying almost 60k to 1L ad annual maintenance as well.
Masha Allah.. You just saved me.. Thank you sir
Buying houses is best....this video a single view perfective....for person who has daily cash flow smooth...not good for employees and working on monthly salary
நான் சொந்த வீடு இல்லாமல் எவ்வளவு வேதனை யடைகிறேன் என்பது இறைவனுக்கு தான் தெரியும்
Kandippa vaangiduvinga.....
Bro kattitingala ipo
Simple and Strong Presentation Sir! everyone definitely has a takeaway from your videos, Thank you sir! Ramakrishnan -Germany
Glad you liked the content.
அருமை. என்னோட சந்தேகம் confirm ஆயிருச்சு.
Gurunaatha!! Ithana naala neenga enga iruntheenga.. inimey ungala Gurunaatha nu thaan koopduven.. painaiaayiram, oorla kaettathu, romba naal kalichu kekuren 😄
My main advise to all home buyers. If u have 50-60% of home amount u should buy and remaining will be a loan amt or otherwise ignored. ( This for Middle class fam) If u are 50k to 1L incomer then 30-40% is enough 👍 10 to 15 years will be the best periodical range for loan repayment.
Home is where you make memories.. so buy if you are going to make memories in that.. but just buying a home as an alternative for paying rent is not wise.!! Agree with all the he said.!
இனிய தமிழில் அருமையான விளக்கம்!
This video doesn't look like a video made for likes and subscribe. You have a strong intention to help and spread investment insights to every common man in Tamil Nadu. Great. Appreciate you Mr.!
Being a banker i was like 😳 awesome content 👌🏼
Same feeling.... But thinking about quarterly targets I would personally recommended to hide the video🤣🤣🤣🤣( just fun)
Nicely constructed information!! Thanks for this channel owner
🤣 Thank you for the honest appreciation.
நல்லது சார்.. ஆனால் நான் ஊராட்சி பகுதியில் வீடு கட்டினேன்.. 2015ல்.. அப்போ வட்டி 9%... 15 வருடம் தவனையில் எடுத்தேன்.. 16லட்சம்.. மாதம் 17200 தவனை தொகை.. இப்போ 5 வருடம் முடிந்தது.. இதில் 3 முறை நான் வட்டியை குறைத்து விட்டேன். இப்போ வட்டி விகிதம் 7.20%.. தற்போது எனது கடன் 10.50 லட்சம் மட்டுமே... அதாவது 5 வருடத்தில் 5.5 லட்சம் குறைத்து விட்டேன்.. அதேபோல் எனக்கு வட்டியாக 6700 முதல் 7000 வரையே வருகிறது.. (எனது பகுதியில் வீட்டு வாடகை 8000 ரூபாய் வரை இருக்கிறது, வாடகையைவிட வட்டி குறைவே) அதுமட்டுமில்லாமல் எனது வீட்டுக்கு நீங்கள் சொல்லும் பராமரிப்பு, வீட்டுவரி போன்றவை குறைவாகவே வருகிறது.. இன்னும் 7 வருடத்தில் நான் எனது கடனை அடைத்துவிடுவேன்.. எனது சொத்தின் தற்போதைய மதிப்பு 35 லட்சம்.. நான் தற்போது சந்தோசமதான் இருக்கேன்.. அனைவரும் சிந்தித்து செயல்படவும்.. நன்றி...
மகிழ்ச்சி!👍🏽
நான் 2லக்சத்துக்கு இடம் வாங்கினேன். இப்போது அது 1.5கோடி. 3.5லட்சம் 600sqft வீடு வாங்கினேன் அது இப்போ 78லட்சம். 14லட்ஞம் விடு இப்போ 50லட்சம். 2 அரை கிரவண்ட 6லட்சம் வாங்கினேன். இப்போ இரண்டும் சேர்த்து 1 கோடி. பெருங்குடி , சைதை, மேடவாக்கம். இடங்கள்
real estate boom le vaangirupeenga, now market saturation aaiduchu , ippo 30 lakhs ku city ah vitty 60 km thalli vaanga vendiyadha irukku
நான் விடை ஆல்ரெடி வைத்திருக்கிறேன் மேலும் இன்னொரு வீடு லோன் வாங்கி வீடு கட்டி வாடகைக்கு விடலாமா வேண்டாமா என்று யோசித்துக் கொண்டிருந்தேன். இப்போது தெளிவாக எனக்கு புரிந்து விட்டது என்ன செய்ய வேண்டும் என்று. லோன் வாங்கி வாடகைக்கு விடுவது பெரிய நஷ்டம் எனக்கு.
It was a tremendous eye-opener. Thank you very much 🙏
Really inspired by the way you present, especially in our Tamil. 🔥🔥🔥🔥. New way to look... Keep it up sir ....
சார் கலக்குறீங்க மிக அருமை நீங்க சொல்றத முழுமையாக ஏற்றுக்கொள்கிறேன்
I am able to realise it Sir since I am one of the person trapped in the EMI cycles of owning a home in earlier stage..
Awesome content.... The same idea was said by Robert Kiyosaki who authored the book "Rich Dad Poor Dad"..... It's really an awesome book...
Thank you. I need to share this to my brother. He has been forcing me to buy a house past two years.
Your brother idea is very good. Dont belive these u tube methavis. Its not practical.
@@arunprakashg47 absolutely
Your brother is right..I feel its good idea to know our capacity, buy at least one small house in your village/town and also grow a tree. Even if far from city, its ok. You will lead rent free life after retirement..Your son/daughter will enjoy as property in future. Your grand son and grand daughter will visit you for leaves after exams, and you will also await their visit. All these will become meaningful only when you have own house. I live in Bangalore. My daughters cry and want to go to their thatha's house at Mettur with mango tree every holiday..mental strength increases in old age when all these events, festivals and celebrations happen..this is tradition..this is also satisfaction in family life.. the youtube talks about making more money via investments even without buying a house..i wanted to say, buy a house within your capacity...enjoy a great family life..do small money investments in long term to take care of retirement..dont do investments as business instead of buying house...
Own house for residing is best idea only thing you should look is whether you can pay the emi and another suggestion is try to pay atleast 30% down payment
அருமையான காணொளி பகிர்வுக்கு நன்றி. எக்செல் இருந்து, அமெரிக்காவில் வீடு வாங்குவது ஒரு நல்ல திட்டமாகத் தெரிகிறது, குறிப்பாக 15 அல்லது 20 ஆண்டுகளுக்குப் பிறகு நன்றாக இருக்கும்.
அதெல்லாம் சரி அண்ணா ஆனால் ஏழையாக இருக்கும் நாங்கள் 70 80 லட்சங்களுக்கு வீடுகள் கட்ட மாட்டோம் நாங்கள் எதிர்பார்ப்பது kitchen bedroom hall small bathroom minimum 1.5 சென்ட் இதுவே போதும் இதற்கு குறைந்தது 5 லட்சம் போதும் ஆடம்பரமாக வாழ்வோருக்கு 70 லட்சம் 80 லட்சம் வரையிலான வீடுகள் தேவை எங்களுக்கு அத்தியவசிய வீடுகள் இருந்தாலே போதும்
idhellam only for chennai people ku 😇😅
கையிலே காசு இருந்தால் வீடு கட்டு...
இல்லாவிட்டால் வாடகை வீடு
Lease is best
@@g-pay3503 no price increase agitta kastam landavadhu vanganum
கையில் பணம் வைத்து தான் வீடு கட்ட வேண்டும் நினைத்தால் நம்மால் எப்போதும் கட்ட முடியாது
In cities, rental payment are going through the roof and yearly increase is significant. Also difficult to get house itself. Rental owner charges additional charges for EB (10 rupees per unit etc), water etc. Most of the people need to shift home every 2 years because house owner want to move the tenant, cost of transportation plus broker charges for new home are significant.. Considering all these problems, buying own house is better. Also we can't shift children from one area school to another
As long as you have your reasons for buying the home, all is good.👍🏽
@@InvestmentInsightsTamil 👍 and best wishes for the stuffs you're planning to do in future
Very useful information for me at right time.....
No one thinking about this. You saved me.
This is very good explanation but you shouldn’t drag your loan for the whole 30 yrs of tenure , should try to repay partial payment whenever possible which gradually reduce your interest on loan.
Correct. The goal is to push the loan EMI to the later part of the amortization graph. So buying home is the best option but you end up losing more money if you fail to manage your mortgage loan properly.
Correct. Also how much loan you are taking is also key. My friend took 65lakhs in 2017 and bought a house which is too much. EMI 58000 per month. Till now he has paid 30lakhs and he has reduced only 6lakhs principal. Even if he pays off the principal today he had paid 24 lakhs extra. Not sure if he can sell that property now for a profit of 24lakhs. By the time he pays off the loan say in another 4 5 years, he would have almost paid double. I don't think it's worth taking the pain. But he is someone who is very aggressive in terms of taking decisions and brave. I even told him I would never have taken 65lakhs loan. He is happy with it and he always lives the present unlike me who is worried about future. Not sure who is right and wrong but 2 different guys
@@SuperManfootball 👌
Try to partial principal payment in first 5 years will save more interest
Wow sir..nice clean speech ND intelligent guy...calculator ďiscover...love him...he didn't shown his name ...also.
மிகத் தெளிவான விளக்கம் நன்றி...
Sir I bought house already and I completed the loan. Only after completing, I got to know these things recently. I felt very sad for my financial illiteracy. Though I saw this comparison videos many times in youtube, unga video enakku epothume special Sir. Such an unique way of explaining things with clarity.🙏🙏🙏👍👍
Dont worry about the past. Look at the brighter side of it. Now you own a paid off home all to yourself. One problem is taken care of. Now you can focus on other investments.
Thank you so much Sir.
what a valuable content, must watch for home buyers !!
Superb and excellent illustration sir....
Explained it very clearly...Thank you so much sir...will Never forget your advice and concept.Again thanks a million sir...
உங்களது விளக்கம் அருமையாக உள்ளது. பணத்தின் அருமை தொிந்தவா்கள் இதை எளிதாக விளங்கி கொள்வாா்கள். குறிப்பாக இந்த வீடியோ நடுத்தர மற்றும் இளையோா் பாா்க்கவேண்டிய அவசியமான ஒன்று. மற்றப்படி இந்த வீடியோவில் தங்களது குரல் சன்னமாக உள்ளது. தயவுசெய்து சற்று சத்தமாக பேச வேண்டுகிறேன். எடிட்டிங்போது இதை சாிசெய்ய முடியும். அன்புடன் வேண்டுகிறேன்,
Super sir, I realised reality of real estate hidden truth 🙏.
My reaction at the end of the video was “Muaah” . Don’t mistake me .. there was so much of confusion with the housing market in US . The decision to buy home but what if I went to india . What if I lost the job . Now I am clear . I will calculate the Zillow rent estimate and invest the remaining rent portion .
Aiya unga video va kaalla ninechu☺️😃🤣…..naan katule vazhaleporen
Omg sir,, very very super and clear.. Excel calculation yenkau purilanalum. Unga information nalla purinchudhu
எனது வீடு வாங்கும் திட்டத்திற்கு நல்ல ஆலோசனை தந்துள்ளீர்கள், நன்றி
Is there any option in UA-cam to like your videos as many times as I want to ??????
Even if not, you deserve it sir .... love you
So nice of you
Sir ur accent and content rendume nalla iruku. 🙏👌🤝😍
சார் உங்களுடைய அத்தனை விளக்கங்களுக்கும் நன்றி சொல்ல வார்த்தைகளே இல்லை🙏🙏🙏
Super sir.intha video paka start pannum pothu nakuda ethula Enna irruku own house tha best apdinu nenachen. 🙏
Thank you for such a clear explanation. I live in high cost of living area and here some people buy house on 100% mortgage with no down payment assuming that rent is waste of money. I checked Price to rent ratio and it is around 30 which is still good to rent. I dont have any regrets now :) Thanks again.
Yeah. Many just assume that rent is a throw away money. Good that you did not fall into that trap.👍🏽
You seem to be fool
@@pumred Thank you Mr. Intelligent
@@yokanandthirupathi9087 i feel pity on u for ur thinking in owning ur own house.
Many videos on this topic are available in UA-cam but this is “Vijay”adasami special. Vijay’s remarks about finances hits the bull’s eye. (Similar to Vijayan in Mahabharata hits fish eye by seeing its image in water). Highly impressed by the way of presentation.✌️🙏
Thank You Arunkumar. Thats a wonderful comment.😇
He is correct lot of people trapped in EMI and late handing over , plus lying vacant.
I am 29 and Last vacheengalla oru punchu... adhaan sir weight ye...
Video will be shown to concerned population...
Trust me sir, India has considerable population who need to see this video....
Thank you sir.!
Wonderful explanation. Rationale behind. Own home satisfies one's ego; nothing else. In investment point of view, rented accommodation is preferred. Another assumption this video has made is (hidden assumption) that all transactions is in white - transparent transactions. But, in India, in realty transactions, whether the complete transactions is in white is ???????. Thanks for the simple way of explanation.
Everyone suggest not to buy a home but no one talk why the flat rate is so high and out of reach of middle class people.
Demand boss.. artificial pressure from society, as brother said
@@SINDHUSUNDAR1992 No demand, lakhs of flats are not sold. Still the price is kept high only.
What you told that absolutely correct, but before 10 year, 1 sq.mm rate = 5000,
After 10 year, 1 sq.mm rate = 12000
Not only land rate, bricks, sand, cement, steel rod all are got increased
Day by day land rate also increases,
Even labor charge also increases
But anyway, its only gain for banks,
We paid emi, that's all bank profit,
Only solution is,
If you need to buy house rate 50 lakh
Least in-hand cash 35 lakh (more than 65%)
And
Get loan 15 lakh, this is only way
The way u speak really nice to listen sir. Slow steady and right words with facts
சொந்த வீடு இது என் வாழ்நாள் கனவு என் தற்போதைய வயது 41 இனி நான் வாளும் கொஞ்ச காலத்தில் சொந்த வீடென்பது சாத்தியமே இல்ல சக மணிதனாக நான் என் வாழ்க்கையை தோல்வியில் முடிக்கிறேன்
Kastam, But, god bless you I wish you will build soon
சொந்த வீடு வைத்து இருப்பதற்கும், வாழ்வில் ஜெயிப்பதற்கும் சம்பந்தம் இல்லை. நாலு பேருக்கு தொல்லை கொடுக்காமல் வாழ்ந்து விட்டாலே வாழ்வில் ஜெயித்து விட்டோம். அதிலும் நாலு பேருக்கு நல்லது செய்தால், வாழ்வில் எங்கோ போய் விட்டோம் என்று அர்த்தம். சொத்துக்களை சேர்ப்பதற்கும், வாழ்வில் வெற்றி பெறுவதற்கும் சம்பந்தம் இல்லை என்பது எனது தாழ்மையான கருத்து.
@@InvestmentInsightsTamil நூற்றுக்கு நூறு சதவிகிதம் உங்கள் கருத்தை ஏற்றுக்கொள்கிறேன் நண்பா
Opportunity cost பற்றி யாரும் அதிகம் யோசிப்பதில்லை. இது மிக பெரிய தவறு. குட் வீடியோ
Content is purely not to buy own house
70 lacs home could not afford for 15k rental
Broker Charges
Maintenance charges for rental home
Advance amount for rental home(Mostly non refundable) are not included
Own Home appreciation should be 5 %
Assumed annual return on cash should be 7-8 %
After all this entries Buying a home with loan for 10 years tenure will be better
I do agree your calculation, however it depends on property we buy ! For Example , if we buy a house in developing area say for 65-75 lakhs ( 1 ground /2400 sqft Land plus small house) assuming land rate of Rs 1000-Rs 1200per sqft ! in next 10 years sometimes even in 4-5 years (depends) land cost of our property we bought might be appraised to minimum of (Rs 5000 per sqft -Rs 8000 per sq ft) which is [1 Cr 20 Lakhs up to 1 Cr 92 L ] for 2400 sqft land value ! Remember this is only value for Land and building cost yet to be added ! Assume building cost minimum of 20L-25 L (for 900 to 1500 sqft house) adding to our calculated Land appraisal value! I know , We would have end up paying 50 + Lakhs interest in those 10 years of our home loan but we have a high chance of get 50-75 lakhs profit even in 4-5 years time for certain properties in case if we sell ! Again this profit ,I did mention can be expected for Land plus building properties only and unfortunately not for apartments ! Be wise and choose right property in developing area and buy more of land based house property instead investing in apartments as building value always get depreciate! Good luck guys!!
East or west own house 🏘️ is best.entha naayum nammala kelvi kaekka mudiyaathu...
Sentimental idiot's foolish talk
Good info Sir. All these calculations along with each individuals situation and requirement will decide.
Staying in a rented home and staying in a own house has so much of difference in terms of emotion and also freedom. Especially in urban cities where the house owner puts down so much restrictions right from water consumption, nail drilling, lights/fans modifications till maintenance. Might be different experiences for different people. As a Chennai resident, I have had enough bitter experience to do away a rented house.
His example works only in Chennai..in Bangalore rents are High.. and also maintenance is High.. but the rent he is saying is bit far from the Bangalore city..
நல்ல விரிவான விளக்கம், என்னவென்றால், ஒரு மனக்கணக்கு, 15 வருடங்களுக்கு மேலாக எந்த தவணையும் ஆளை விழுங்கும், நினைவில் கொள்ள வேண்டும், 20 வருட கடன் என்பது இதன் விலை ஆயுல் உழைப்பு, அசல் தொகை எட்டா தூரம், பெரும் பாரம். Karl's mortage Calculator நல்ல பயனுள்ள கருவி, பயன்படுத்தி தெளிவு பெறவும்.
sir, you should have made this video at least 10 years back since i am 43 now. Hopeful that it's being watched by people for whom it's useful.
காசு இருந்தா வீடு கட்டு இல்ல என்றால் வாடகை வீடு...அதுவும் இல்லையா "தெய்வம் தந்த வீடு வீதி இருக்கு..."
Correct guidance. Thank you very much 👍
Super sir! Semmah clarification. Romba clear-a and edhaarthamaa irukku.
The main advantage of buying home is tax benefits of 2.5 lakh if u earn more than 8lpa..so if u build a home just make sure ur emi under or equal to ur rent and tax benefits..then it's a good asset..
If we rent for lifetime, what to do after retirement time, need to pay rent, medical, grocery etc, which would come close to 50k after 20yrs, how can a retired person afford these?
Rent a house first... Buy house when you financially stable.. or buy when you find good deal..
What he tries to say is we can make investments that give better return. He asks you to save the amount not spend it. The method of saving is different (shares, mutual funds,FD,bonds). So if you save the amount you pay the bank till retirement, you should have enough to take care of your needs (hoping inflation rate isn't too high though)
@@visvanathan5404 to simply it further, as a rule of thumb: if the bank interest rate is 10% buying a house might not be as financially benefiting if you do not expect it to appreciate by more than 10% each year
See the video completely
Eg- u buy SGB bonds from a bank or Govt of India. The investment in Gold for the past 80 yrs is available. The price of god in the world as well as in India is available. EARLIER WE HAVE TO BUY GOLD I/ SO MANY ISSUES . Now u can buy in paper gold. Govt will give the amount as on the date of maturity - no tax in this . Remember - money is the most versatile element -it can be exchanged with any goods/ service
Wrong calculated. Before 10 years, our area land value 3 laksh now around 11 lak. Construction cost b4 10years 1000 to 1300 sqft. Now 2000 to 2500.
Very good explanation who want to buy home with emi. But society not respect homeless person.
It is absolutely differ from person to person. What you are delivered is your opinion. You can't analyze each person's need and give the right solutions.
Bro, this method suits for Western culture bro, Mostly Indians buy House only for there #Pride 😂
LOL. Pride does not put food on the table.
Thank you.. Owning a house is deeply connected to indians more often they get into EMI trap ended up just owning a home at their retirement. Rational thinking rather than emotional thinking is must for financial decisions. In India index Nifty50 is driven largely by a few companies like Reliance and ITsector, does it have any long-term impact on index funds?
Yeah - Rationale thinking is what we need. But it is easier said than done. It is not that easy to retrain our brain - or change our core belief. We need open mind to adapt. Unfortunately, not many are capable of it. It takes longer to get there. But as long as we know the pitfalls, we can be aware of it and try to be rationale.🙂
Nifty 50 Index - Yeah, we have to take that with a grain of salt. We have to settle for it until we develop our knowledge and feel comfortable enough to venture into managed funds or choosing stocks ourselves. Personally, I don't see that as a big problem as good ones are making to the index and gaining more weightage.
@@InvestmentInsightsTamil Thank you🤩
Thank you very much sir this is very much useful
Super explanation sir...
Arumaiyana vilakam sir. Romba confus a irunthuchu but ipa konajam clarity ketachuruku.thanks
A perfect at a perfect time!!!
Hi sir, I'm really appreciated for the great work you are doing, this kind of videos are big eye opening for youngsters. In this video you made diffence between loaned house or investment.
But i want an clarification I'm having 40 lac amount, still I'm in rented home, whether I go for own house or investment, which one is better for me and why??
I'm awaiting for your valuable reply.
It depends on what you do with that 40 Lakhs if you are not buying the home. You can use the same calculator for that purpose. Use the appropriate value in "Assumed annual (after tax) return on cash" field.
Very informative sir.
Unga way of presentation romba super sir. You inspired me a lot. Unga video lenthu financial knowledge kathukalam, oru topic a yenga arambichu yepadi poi yethula mudikanum nu kathukalam, full a tamil a , pesunathu romba super sir. Thank you for this video....
Time eduthu feedback kouthathuku mikka nandri.
What about the rent we save for lifetime once we buy a house and pay off the loan? Was this factor considered for this analysis?
That cannot be considered if you are going to rent your own house. If you say that you are going to occupy the house you purchased, then you will not get monthly rent. So it clashes out.
That is why the calculator is there. Put your data and compare it. To make it easier, the rent to buy ratio mentioned will help with the answer.
Tharamaana sambavam💥🔥
Really Super Video Sir....💯🙏🏻😎🔥Own House🏡👫🏻👩❤️👨👨👩👧👦👨👩👧👧👨👩👦👦🌳🌴🏞️ Settle Aga Solluravangalukku Ungaloda Video Oru Samarppanam💯😎🔥
தெளிந்த சிந்தனை ..சிறந்த பதிவேற்றம் ...!!
Thanks for valuable info, sir. Instead of buying apartment or house, how about investing in land plot in developing town like hosur? In current situation, is it advisable to buy plot only for investment purpose?
Only the tenants know, how will be the house onwer torture .
Dear Sir
I purely agree.
Tenants only knows about the owners torture
Clear Analysis.நெத்தி அடி👍😃
ஐயா நீங்கள் சொன்னது மிகவும் அருமையான பதிவு