Buying | Why Rent?

Share

With today's low interest rates, owning your first home might not cost that much more than renting. Let me show you the numbers—home ownership might be within your reach.

What would your rent payment buy?*
RENT PAYMENT MORTGAGE AMOUNT RENT PAYMENT MORTGAGE AMOUNT
$750 = $158,652.08 $1,000 = $211,536.10
$800 = $169,228.88 $1,050 = $222,112.91
$850 = $179,805.69 $1,100 = $232,689.71
$900 = $190,382.49 $1,150 = $243,266.52
$950 = $200,959.30 $1,200 = $253,843.32
*Payments based on a mortgage rate of 2.99% and a 25 year amortization. Qualifying criteria would apply.
Why rent?