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Compare Renting Versus Buying a Home

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This rent versus buy calculator can help you decide whether it’s better to rent or buy a house. The calculator takes into account typical expenses associated with renting and owning a home, so you’ll know exactly what kind of monthly payment you can expect.

Should you keep renting or buy your own home?

Have you ever found yourself questioning which is the better option, renting or buying a house? If you’re visiting this site, the likelihood is that you have. Many individuals worldwide face this decision daily. This calculator aims to assist you in making the best decision for you.

Enter your current rent situation.

How long are you planning on staying a renter? How much is your rent? Enter that here!

Enter a house price.

Found a house you like or want to run any kind of home purchase scenario? Enter the home purchase price and mortgage interest rate and term here!

Contact us to get pre-approved for a home loan today.

Don’t keep throwing away money towards your rent. Use that money to invest in a home for yourself. Contact us today for help getting you into your own home. Our team is here to support you every step of the way.

Contact us today

The information provided by Homestead Financial Mortgage is for educational purposes only. Products and interest rates are subject to change at any time due to fluctuating market conditions. Actual rates available may vary based on a number of factors, including credit rating, down payment, loan type and documentation provided.

Renting Vs Buying