| To decide whether it makes more sense
for you to rent or buy a home, you need to consider:
-
What are your lifestyle and priorities?
-
Are you ready to take on the responsibilities
of home ownership?
-
Do you plan to live in one place for at least
several years?
-
Is your credit good?
-
Can you afford a down payment?
Use the Rent or Buy
calculator to compare the cost of renting with the cost of owning
a home. You can also compare the anticipated rent increase to the
likely increase in the value of a home. You can use it as often
as you wish, using different scenarios. |
