Should you Buy or Rent? Calculator

田田 田 田田 200 800 700 150 600 Home Prices 500 100 400 Building Costs Rent: $2000-$2500 Buy: $400k-$500k RENT!!! 300 Population Rent: $1500-$2000 Buy: $100k-200k 200 100 BUY!!! Interest Rates 1940 1960 1980 2000 2020 Vear Top 5 Negative Equity States Average Household size 2.6 3.7 NEVADA ARIZONA FLOBIDA Median sq. foot single family home - HE SLVER STATE SUNSHINESTATE MICHIGAN CALIFORNIA *1000 - The Golden State 2210 GREAT LAKES Buyers overlook Renters overlook Home buying hurdle (renter survey) Furniture Maintenance Other Declining home values Unstable job Existing debt Utilities Pest Control Poor credit history Not saving the balance (buy- rent) Qualifying for mortgage Down payment o 20 40 60 Appliances Lawn Care For Sale Is it better to buy For Rent or rent? Population in millions ... Building cost/home price index