RE/MAX Housing Blog Rent or Buy? Here’s a Calculator to Help You Decide Rent or Buy? Here’s a Calculator to Help You Decide Thu, August 21, 2014 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! If you decide to rent or buy feel free to give me a call@ (416) 836 1919
Posted on: Wed, 03 Dec 2014 04:36:07 +0000
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