To Rent or To Buy?
Deciding whether to rent a home or apartment or take the homeownership plunge is undoubtedly a huge decision for any of us. It’s an emotional and a financial choice. While we have yet to find a widget to help you balance your emotional decisions, there is a pretty cool calculator out there that helps you navigate the financial implications of both options. Published in 2014 by The New York Times, this widget looks at home prices, mortgage rates, your anticipated length of stay, taxes, appreciation, maintenance costs, and more. It’s a great starting point if you are weighing the rent/buy decision in 2015. Plug in your numbers and get started. Visit here.