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Renting vs Buying

Are you better off buying your home, or should you continue to rent?

 

Understand that you may be paying more for rent than you would a mortgage payment for an equivalent piece of property.  You may need to break it down.  After calculating with the linked calculator, you may see that a mortgage payment might not be greater than your rent payment, or not much more at all.

 

 

Go to this site to calculate whether or not it's a good idea:

 

Http://www.GloballySuperiorMtg.com/RentvsBuyCalc

 

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  • Last edited August 02 2007
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