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Rent or Buy Analyzer
Compare the financial advantage of renting and buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.
You should
- You could buy for
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- Mortgage
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- Principal & interest
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- Paid down over 5 yrs
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- Value increase
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- Total growth from buying
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- Total growth from renting
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Renting growth compounds your monthly saving of — plus your down payment of — at an after-tax 4% a year. Calculations can vary by up to 10% on property type, interest rate type and down payment amount.
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