Rent vs. Buy Home Calculations

Editorial Note:

Rent vs. Buy Home

The decision to buy or rent a home is not one to be taken lightly. It will affect your lifestyle and your savings. A home is one of the largest purchases most of us will make in our lifetime. It’s no wonder that the conversation around buying vs. renting a home ignites a passionate debate. Does it make more sense to purchase a home or should you rent one? Both choices have valid points, so there is no “right” answer. If you’re weighing your options of owning versus renting, consider the following factors before you sign on the dotted line.

Overview

  • Introduction
  • Home ownership costs
  • Rental costs
  • Home ownership pros and cons
  • Rental pros and cons
  • 750K home ownership 20 years calculations
  • 750K rental for 20 years calculations
  • Questions to ask yourself
  • Conclusion

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