Rent or Buy? Here's How To Decide.

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Real Estate Agent with Re/Max Results 40559217

Wondering if you should buy a home or keep renting? You’re not alone.


Millions of people are faced with this decision every day, and your move is dependent on a variety of factors: your income, ability to manage maintenance costs/upkeep, how much you’ve saved for a down payment, job stability, the housing market, rental vacancies, monthly payments, interest rates, proximity to work and school – the list goes on.

If you’re stuck trying to choose which option is best for you and your family, the New York Times has a cool tool worth checking out: a rent vs. buy calculator. Input items such as home price, income, the number of years you plan to stay in a place, taxes, fees, etc.. Once you’re done, the calculator computes the equivalent monthly rent. Give it a try!

 

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Comments (1)

Amanda Lane
Customessayhero - Minneapolis, MN
Writer, poet, novelist

well that is not bad at all 

Apr 13, 2018 08:13 AM