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
- (401) 500-7702
- jboukarim@barrettfinancial.com
- 21 Trafford Park Dr, Coventry, RI 02816
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
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We offer a hybrid approach of new technology to speed closing and old fashioned customer service and communication.
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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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Contact Jonathan
- jboukarim@barrettfinancial.com
- (401) 500-7702
- 21 Trafford Park Dr, Coventry, RI 02816
Office Hours
- Monday-Friday: 8am to 8pm
- Saturday: 8am to 8pm
- Sunday: 8am to 8pm
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John