Rent or Buy Calculator (NY Times)
Rent or Buy Calculator (NY Times)
www.nytimes.com Is It Better to Rent or Buy?
The choice between buying a home and renting one is among the biggest financial decisions that many adults make.
This calculates the equivalent rent that a prospective home purchase represents. Basically, if you can rent a similar place for less than this amount, you should rent instead of buying and invest your down payment to pay for it.
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