I have a wonderful friend who is now looking for a job in Title work, she is a closer, if you know of anyone who is hiring I'd like to give them her information. She is the one who shared the idea for this chart with me and I love to use it with tenants who are still confused about their choices. Does it help you?
| Monthly rent |
2 years |
3years |
4years |
5year |
6years |
7years |
8years |
10years |
15 years |
| 400 |
9600 |
14400 |
19200 |
24000 |
28800 |
33600 |
38400 |
48000 |
72000 |
| 450 |
10800 |
16200 |
21600 |
27000 |
32400 |
37800 |
43200 |
54000 |
81000 |
| 500 |
12000 |
18000 |
24000 |
30000 |
36000 |
42000 |
48000 |
60000 |
90000 |
| 550 |
13200 |
19800 |
26400 |
33000 |
39600 |
46200 |
52800 |
66000 |
99000 |
| 600 |
14400 |
21600 |
28800 |
36000 |
43200 |
50400 |
57600 |
72000 |
108000 |
| 650 |
15600 |
23400 |
31200 |
39000 |
46800 |
54600 |
62400 |
78000 |
117000 |
| 700 |
16800 |
25200 |
33600 |
42000 |
50400 |
58800 |
67200 |
84000 |
126000 |
| 750 |
18000 |
27000 |
36000 |
45000 |
54000 |
63000 |
72000 |
90000 |
135000 |
| 800 |
19200 |
28800 |
38400 |
48000 |
57600 |
67200 |
76800 |
96000 |
144000 |
| 850 |
20400 |
30600 |
40800 |
51000 |
61200 |
71400 |
81600 |
102000 |
153000 |
| 900 |
21600 |
32400 |
43200 |
54000 |
64800 |
75600 |
86400 |
108000 |
162000 |
| 950 |
22800 |
34200 |
45600 |
57000 |
68400 |
79800 |
91200 |
114000 |
171000 |
| 1000 |
24000 |
36000 |
48000 |
60000 |
72000 |
84000 |
96000 |
120000 |
180000 |
| 1050 |
25200 |
37800 |
50400 |
63000 |
75600 |
88200 |
100800 |
126000 |
189000 |
| 1100 |
26400 |
39600 |
52800 |
66000 |
79200 |
92400 |
105600 |
132000 |
198000 |
| 1150 |
27600 |
41400 |
55200 |
69000 |
82800 |
96600 |
110400 |
138000 |
207000 |
| 1200 |
28800 |
43200 |
57600 |
72000 |
86400 |
100800 |
115200 |
144000 |
216000 |
| 1250 |
30000 |
45000 |
60000 |
75000 |
90000 |
105000 |
120000 |
150000 |
225000 |
| 1300 |
31200 |
46800 |
62400 |
78000 |
93600 |
109200 |
124800 |
156000 |
234000 |
| 15 years of renting could pay full price for the average home in Collin county. Paid in full! Just a thought. |
Collin County Texas tenants should be considering homeownership while the housing prices are low and the interest rates are still good.

Doris Barnett NAR Certified e-PRO Trainer
RE/MAX Associates of Dallas
1221 Abrams #130
Richardson, TX 75081
972-907-0000 x 212