True Cost of Ownership Calculator

Select Asset Type

Asset Type:

Asset Details

Asset Name/Description:

Purchase Price (₹):

Expected Lifespan (Years):

Financing

Down Payment (₹):

Loan Amount (₹):

Interest Rate (% per annum):

Loan Term (Years):

Operating Costs

Annual Maintenance (₹):

Annual Insurance (₹):

Annual Taxes (₹):

Annual Utilities/Fuel (₹):

Alternative (Renting/Leasing)

Monthly Rent/Lease (₹):

Annual Rent Increase (%):

Security Deposit (₹):

Annual Maintenance (Renting) (₹):

Opportunity Cost

Expected Investment Return (% per annum):

Expected Inflation Rate (% per annum):

Asset Appreciation Rate (% per annum):

Selling Costs (% of value):

True Cost of Ownership Analysis

Cost of Owning:

Cost Component	Amount (₹)
Purchase Price	₹0.00
Financing Cost (Interest)	₹0.00
Maintenance	₹0.00
Insurance	₹0.00
Taxes	₹0.00
Utilities/Fuel	₹0.00
Opportunity Cost	₹0.00
Selling Costs	₹0.00
Total Cost	₹0.00
Asset Value at End	₹0.00
Net Cost (After Sale)	₹0.00

Monthly Cost: ₹0.00

Cost of Renting/Leasing

Cost Component	Amount (₹)
Total Rent/Lease Payments	₹0.00
Security Deposit	₹0.00
Maintenance	₹0.00
Opportunity Cost	₹0.00
Total Cost	₹0.00
Deposit Returned	₹0.00
Net Cost	₹0.00

Monthly Cost: ₹0.00

Analysis

Enter asset details and click "Calculate True Cost" to see a personalized analysis.

About True Cost of Ownership

The true cost of owning an asset goes far beyond the purchase price. This calculator helps you understand the complete financial picture by considering:

Purchase Costs: The initial price plus any financing costs
Operating Costs: Ongoing expenses like maintenance, insurance, taxes, and utilities
Opportunity Costs: The potential returns you could have earned by investing the money elsewhere
Resale Value: The estimated value of the asset at the end of your ownership period

By comparing ownership costs with renting/leasing alternatives, you can make more informed financial decisions about major purchases.