Rent or buy? Our calculators help you decide
Thinking of buying a home or renting? The Globe`s
rent vs. buy calculator can help you crunch the numbers and make an informed financial decision.
Simply plug in the purchase price of the house, as well as the size of the down payment, mortgage loan, interest rate and amortization. Throw in how much you`ll pay in property taxes, insurance and maintenance. Estimate the rate of inflation, the rate at which you expect the home to appreciate, and when you might sell it.
Read the full article
here.