Mortgage vs Rent: Making the Right Choice
January 8, 20247 min read
Buying a home builds equity over time, but it also introduces maintenance costs, property taxes, and higher upfront expenses.
Compare long-term mortgage costs to projected rent increases to understand the total cost of ownership versus renting.
Factor in how long you plan to stay in the home—short timelines often make renting the more affordable option.
Use our calculators to test down payment amounts, interest rates, and appreciation assumptions before making a decision.