Rent vs Buy

Rent vs buy

Set a budget and weigh the options

Rent vs buy is a question many people looking for a new home will ask themselves. As mortgage rates continue to hover at historically low levels, it is possible to own a home for less than the cost of your current monthly rent. If buying is something you wish to explore, one of our experienced Advisors has the knowledge and resources to help you find the perfect home.


BENEFITS OF BUYING

BenefitsOfBuying-Graphic

The chart below offers a general rent vs buy comparison. Our calculations assume a 30-year fixed mortgage with approximately 20% down payment and includes an average maintenance or cc/tax.

Budget-Graphic

Contact an expert at Advisors Living today to discuss what is right for you!