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Check out the tax money you'll save with the purchase of a home!
(Please contact us for your free peronalized rent vs buy analysis)

Renting vs Buying

Monthly Cost or Investment	Renting	Buying
Rent or Principal and Interest	$1350.00	$1361.00
Property Tax	$0.00	$245.00
Insurance	$35.00	$39.00
Renters or Owners Repairs	$0.00	$166.66
Closing Costs PMI	$0.00	$87.48
Tax Saving	$0.00	($484.18)
Amortization	$0.00	($206.85)
Real Economic Cost	$1385.00	$1215.08
Equity after one year	$0.00	$9566.76
Equity after 3 years	$0.00	$28,700.28

This comparison is based on a $200,000 purchase price with 5% down payment and 3% appreciation per year. Note that after tax savings the true housing cost is less to own than to rent!"

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