How to Calculate: Renting vs Buying Your Home
September 30, 2019
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14:12Now PlayingHow to Calculate: Renting vs Buying Your Home
YouTube Description
as posted by the channelI found the best calculator app to figure out whether you should rent or buy your home
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Today we're going to take a look if you should rent or buy your home by using the best calculator app I was able to find. Home ownership doesn't always make sense, and there's a lot to calculate.
Calculator:
We're going to take a look at EVERY aspect of buying vs renting using the NYTimes calculator which looks at home price, mortgage rate, down payment, rent growth rate, investment return rate (opportunity cost), inflation rate, property tax rate, marginal tax rate, closing costs (buying vs selling), maintenance fees, homeowner's insurance, utilities, HOA fees, renter's insurance, and security deposit. This is the best and most comprehensive calculator you'll ever find
#calculator #renting #howto
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