PLANNING / CALCULATOR 06
A home decision. A long-term view.
Compare rent paid with the economic cost of buying over your chosen holding period.
Your assumptions
HOW TO READ THE NUMBERS
Assumptions, out in the open.
Buying cost equals initial cash plus mortgage payments and ownership costs minus net sale equity. Rent cost deducts the growth on the renter’s retained initial cash. Assumes constant ownership costs; excludes investment of monthly cash-flow differences, moving expenses and rent-related fees. Appreciation and investment returns are assumptions, not predictions.
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