Continue Renting or Buy?I am in my early to mid-twenties with a stable carreer making ~$65k-$70k a year. For the past ~3 years I've spent $500 to $800 dollars a month in rent. I have about $10,000 dollars in savings and am currently saving between $10,000 and $15,000 a year. Homes in my area that I would be interested in buying generally run from $200k to $300k. I have very good credit (720) and my only source of debt is student loans (payments run a couple hundred a month.My question is this: Is it worth it for me to continue renting and saving (but gaining no equity) or should I look at buying a house? I'm thinking that if I pay PMI it might still be worth it because at least I won't be throwing 100% of my living expenses away each month. Should I put down as much as I have? The minimum 3%? Should I borrow against my 401k to make the 20% down payment? I know I need to talk to a local professional, I'm just looking for a bit of advice to get started.June 15 2012 - Conshohocken0YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.