renting versus buying

There are questions you can ask yourself that might help you decide if you should rent or buy.

What is your current monthly rent?

What is the percentage of your yearly rent increases?

What is your federal income tax bracket?

What is the interest rate on the loan?

What range would your purchase price be in?

How much would you need to borrow?

What would be the annual appreciation of the property?

What would be the yearly taxes?

How many years would you spend in this home?

Calculate and decide

Elise Janssen

Elise Janssen

Licensed Associate Real Estate Broker
Contact Me