Other factors include taxes, interest, and insurance
Everyone needs a place to live. For some, that means buying a home. For others, it means renting an apartment or other property. Which option makes financial sense for you? It’s important to consider many factors. Purchasing a house, for instance, means paying property taxes and mortgage interest. With leasing, there’s renters’ insurance and potential rent increases. This calculator allows you to make a clear comparison of the total costs of your options.