Hi friend your right. who are so called financial consultants, some times they don't have minimum brain. Hello rediff please do not post this kind of immature calculations. Please find correct calculations here. --------------------------------------------- 1. Total expenditure on rent after accounting for tax benefits (A-B C) Rs 4,619,303 2. Total expenditure after adjusting for tax benefits (A-B C) Rs 7,429,300 So if we have own house over 20 years the burden is: 7429300 - 4619303 =2809997 But finally house worth will be around 1.68 crore ( assumed yearly 10% growth). So we were able to save : 1.68 - .28 = 1.4 crore worth own house ********** House Initial cost 2500000 Ho use cost after 1 year 2750000 Assumed yearly 10% appreciation House cost after 2 years 3025000 Assumed yearly 10% appreciation House cost after 3 years 3327500 Assum ed yearly 10% appreciation House cost after 4 years 3660250 Assum ed yearly 10% appreciation House cost after 5 years 4026275 Assum ed yearly 10% appreciation House cost after 6 years 4428902,5 Assumed yearly 10% appreciation House cost after 7 years 4871792,75 Assumed yearly 10% appreciation House cost after 8 years 5358972,025 Assumed yearly 10% appreciation House cost after 9 years 5894869,228 Assumed yearly 10% appreciation House cost after 10 years 6484356,15 Assumed yearly 10% appreciation House cost after 11 years 7132791,765 Assumed yearly 10% appreciation House cost after 12 years 7846070,942 Assumed yearly 10% appreciation House cost after 13 years 8630678,036 Assumed yearly 10% appreciation House cost after 14 years 9493745,84 Assumed yearly 10% appreciation House cost after 15 years 10443120,42 Assumed yearly 10% appreciation House cost after 16 years 11487432,47 Assumed yearly 10% appreciation House cost after 17 years 12636175,71 Assumed yearly 10% appreciation House cost after 18 years 13899793,28 Assumed yearly 10% appreciation House cost after 19 years 15289772,61 Assumed yearly 10% appreciation House cost after 20 years 16818749,87 Assumed yearly 10% appreciation
