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Buying vs Renting Cost

Buying vs Renting Cost

Prepared by Pawel Augustynski
National Rosen Realty
Number of years to compare: 1

Concerning Rent:
Rent Amount Per Month: $ 1,800.00
Monthly Renterโ€™s Insurance: $ 50.00

Concerning Home Ownership:
Purchase Price: $ 300,000
Loan Amount: $ 260,000
Interest Rate: 3.5%
Number of Years: 30
Annual Property Taxes: $ 6,000.00
Annual Maintenance Cost: $ 500.00
Annual Homeowners Insurance: $ 750.00

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