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Buying vs Renting | Print |
Why Rent When You Can Buy?

rent-vs-buy.jpgAfter the wedding is over, you may be thinking that renting an appartment is the only option you have. There's no way you'll have the money to purchase a new home.

Well times have changed and there are many first time homebuyer programs available that can put you in the home of your dreams.

So instead of throwing your money away each month by paying rent,  you could easily be using it towards a new home.

From tax benefits, to home appreciation, there's no better time to owning a home. And with all the loan programs available, it's now easier than ever.

See how much you could borrow to purchase your own home based on what you're now paying in rent.

 
Rent vs. Buy Calculator
Am I better off renting or owning? This calculator will show you the financial differences between the two.
$   Current Rent
  % Est. tax bracket
$   Purchase Price
  % Down Payment
  % Interest Rate
    Mortgage Term (Years)
    Your Monthly Payment
$   Yearly Taxes?
$   Yearly Insurance?
    Total PITI
    How long will you own (typ. 7 yrs)

$   This is your rent over the period
$   This is mortgage over the period