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Renting Versus Buying Your Home


When you first consider buying a home and moving out of that rental property you have been in, the thought of taking on the responsibility home ownership may make you nervous. One aspect to reassure you is the advantage of saving money and building equity. Is owning your own home right for you? Is it better financially, in the long run? Will it be better for you and your family's future to pay for your own home or is it better to keep making rent payments. Use this calculator to determine if you can save money and be better off financially owning your home instead of renting.