Friday, March 27, 2009

Should you Rent or Buy right now?

A basic calculatorImage via Wikipedia

With an “flukey” economic system and the recent modifications in first time home buyer incentives, calculating out if you should rent or buy can be tricky. Can you afford the down payment? Or, is it cheaper to rent? Luckily, here are two awesome tools to help you make that hefty decision. First, find a home you like. Then, try the Rent vs. Buy calculator to ascertain how much you will be able to save by renting or buying. Or, use the Mortgage calculator to get an idea of what your monthly payments would be. What do you have to lose?

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1 Comment:

  1. Charles said...
    Thank you. Yes, it's cool, Karls Mortgage Calculator and useful for me

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