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Home back Investment Calcs Loans(car, boat, etc) Mortgage Savings Retirement Calculators
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Renting Versus Buying a House
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This form allows you to compare renting versus buying by entering how
much you want to spend a month and how much down you would put into your
house. Note that I am not a financial expert, just a computer geek with
just enough financial knowledge to be really dangerous.
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Note: this is an
extremely simplified analysis. We did not subtract potential
increases in the monthly rental payment based on inflation from the
renting equity total. Also, the estimated total maintenance costs
is a very rough estimate based on the future value of the house.
Projected home maintenance costs include all potential repairs during
the period of home ownership.
Also, the growth in home equity was based on the rate of inflation.
Home values may increase at a much lower overall rate compared to
inflation. Future updates to this program will allow more precise control over projected increases in home equity. In the meantime, select a lower rate of
inflation in order to lower the growth in home equity.
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Disclaimer: All material provided within this website is for informational and educational purposes
only, and in no way is any of the content on this website to be construed as financial advice or instruction. No action should be taken solely on the contents of this publication. We do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, exemplary, or other damages.
See the website
disclaimer
for additional info.
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