Wednesday, May 28, 2008

Rent vs. Own How Much Can You Save?

Rent vs. Own How Much Can you save?
I found a pretty cool interactive tool that allows you to take a look at which is financially better renting or owning.  With today's declining home prices in a lot of areas it really is a tough call.  You have to play around with some assumptions however, I thought it was a pretty cool tool.  Calculate savings of renting vs. owning.  Another big factor that I always talk about is if you are on a 15 yr or 30 yr mortgage.  That makes a huge difference.

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