Should I Buy? or Should I Rent?

Choosing between buying or renting a home is one of the biggest financial decisions you will ever have to make.

What is the price of the home ?

Thoughts

This is an important factor.
But not the only factor.

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How long do you plan to stay?

to

The longer you plan to live in the home the better it is to buy.
This is because the up front costs are spread out over many years.

See an example here

What are your mortgage details?

consider

What interest rate and term are you looking at?
Will your monthly mortgage payment include taxes & insurance?

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Buy vs. Rent Calculator

Using a buy vs. rent calculator is a great way to compare your options.