Did you know?
According to New York Times, today’s average age for a First Time Home Buyer is 32. This means that the average person rents for just about 10 years or so before buying their first home.
The average vacant apartment available in the U.S. is $800 per month. Depending on where you live, this number can be significantly higher.
Let’s take a closer look!
For an example only, let’s say you paid $800 per month for 10 years. That means you payed $96,000 in Rent!
Congratulations!
Now you have nothing to show for it!
Did you know as a 1st time home buyer, your down payment could be less than your security deposit?
Now you have nothing to show for it!
Did you know as a 1st time home buyer, your down payment could be less than your security deposit?
Tax savings from buying versus renting
Determine how much you can save buying versus renting using our calculator if your mortgage interest was equal to your rent.
How much house can I afford?
Determine how much house you can afford using our home affordability calculator.
Mortgage Calculator
Tax benefits based on new tax law from buying
opposed to renting
opposed to renting
Calculators are made available as tools for your use in researching and shopping for mortgage products and are not intended to be investment advice of any kind. GameChanger INC does not guarantee the accuracy of the results and you should seek individualized advice from qualified professional(s) who can assist you in regard to your personal circumstances. All tools and calculators are deemed examples and are for illustrative purposes only.
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