|
After 5 years you would have paid
$
in rent.
After 5 years
you would pay $
in mortgage payments.
After 5 years your home value gain would be $
. You would
save approx: $
in taxes. (assuming
33% tax bracket)
And pay off $
of the loan, which is equity in the home.
By buying this home you will save on
average $ per
month
and in total $
over 5 years. |