After 10 years…
🏠 Buying is better by $119,195.70
Break-even at year 1
Total rent paid
$275,133.10
Total buy cost
$446,882.97
Home equity built
$290,945.57
Net buy advantage
$119,195.70
Assumes 3.5% home appreciation, 3% annual rent increase. Excludes opportunity cost of down payment invested.
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