Boukarim Mortgage

Rent vs buy – What’s Right For You?

Should you rent or buy a home? Use our simple rent vs buy calculator to find out which option is best for you. Our rent vs buy calculator takes into account various factors such as your monthly rent, home price, down payment, mortgage rate, loan term, property tax rate, and annual insurance premium to provide you with an accurate assessment of which option is more financially feasible for you. By inputting your specific information into our calculator, you can make an informed decision about whether to rent or buy a home.

How To Use The Rent vs. Buy Calculator


 

Deciding whether to rent or buy a home is a complex question that requires careful consideration. With our Rent vs. Buy Calculator, you can easily weigh the pros and cons of each option as your circumstances change. Simply enter seven key pieces of information, including your desired location, home purchase price, down payment, mortgage term, estimated duration of living in the home, and the cost of renting a similar property. Our tool makes assumptions about typical costs, such as security deposits and down payment percentages, but you can easily customize these figures to fit your unique situation.

By using our Buy vs Rent Calculator, you can gain valuable insights into which option may be the best financial choice for you. Whether you’re curious about the benefits of a smaller down payment or wondering how a change in location could affect your finances, our calculator allows you to see the impact of these factors on your overall costs. Make informed decisions about your housing situation with our easy-to-use tool.

Jonathan Boukarim

Mortgage Loan Officer

NMLS # 1892952
Barrett Financial Group, LLC | Corp NMLS #181106
2314 S Val Vista Drive, Suite 201, Gilbert, AZ 85295

As an experienced loan officer, I can guide you through the process whether you're refinancing or buying your first home

Rent Vs Buy Calculator

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John

Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source.

David Warner

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Local Knowledge

We know the area and the market and we're part of your community, not a bot on the net 🙂

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We work to close your loan as quickly as possible. We can even hit curveballs!

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We offer a hybrid approach of new technology to speed closing and old fashioned customer service and communication.

Utilizing Technology

We have the latest online tech like secure mobile uploading and we're available to use the device the old-fashioned way too!

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