May 2015

The Rent vs. Buy Epiphany

The Rent vs. Buy Epiphany

[Access to our Rent vs. Buy Calculator at the end of post]

Rent vs. Buy?  What to do….

The forces of each side pull and tug on your thoughts figuratively.  What would make more sense now?  Or should the question be: What makes sense for my future?

Such a loaded question, right?  You’re thinking there has to be so many things that come into play…but then you think, What ARE those things anyway?

img 89 Get A Rate Home Buyer Guide

Still On The Rent Or Buy Fence?

The truth is….It really depends on your circumstances, whether they are influenced by financial or personal reasons.  

A majority of people don’t realize the following positive scenarios when you buy instead of rent:

  1. You could spend the same amount on rent as you would on a mortgage/maintenance every month
  2. You could actually save more money owning at the end of the year

One of the most important factors is to know what you can afford and understand how your debt-to-income ratio affects affordability.

img 69 NEW Affordability Calc Banner

What Makes Sense Or Is It Cents?

Luckily for you, we’ve done all the grunt work and heavy lifting by creating one of the most comprehensive Rent vs. Buy Calculators to help you see if this is something that would make (dollars and) “cents”.

Our innovative calculator takes into account:

  • Town Property Taxes (Not State or County Averages)
  • PMI (Private Mortgage Insurance)
  • Income Tax Benefits

You’ll get a true apples to apples comparison of:

  • Rent vs. Mortgage Monthly Payments
  • ROI Gain or Loss When Selling

Use our Rent vs. Buy Calculator to find out if you benefit from continuing to rent or if now is the right time to buy a home.

img 42 Use Our Calculator


Feel free to speak with one of our non-commissioned Home Loan Advisors to get answers to all of your questions.

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