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To decide whether it makes more sense for you to rent or buy a
home, you need to consider:
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What are your lifestyle
and priorities?
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Are you ready to take
on the responsibilities of home ownership?
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Do you plan to live in
one place for at least several years?
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Is your credit good?
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Can you afford a down
payment?
Use the Rent or Buy
calculator to compare the cost of renting with the cost of owning a home.
You can also compare the anticipated rent increase to the likely increase
in the value of a home. You can use it as often as you wish, using
different scenarios.
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