After 7 years
Buying wealth$0.00
Renting wealth$0.00
Both options are equal$0.00
Buying wealth Renting wealth Buying advantage
BuyingRenting
- Initial cash available to both paths
- $0.00
- First monthly buying cost
- $0.00
- First monthly renting cost
- $0.00
- Ending mortgage balance
- $0.00
YEAR BY YEAR
What you'd have each year.
Monthly expenses are the year-end housing payment. Yearly expenses total that year's housing payments, plus buying closing costs in year one. The down payment is excluded.
| Year | Option | Monthly expenses | Yearly expenses | What you'd have | Which is ahead |
|---|