Home Rental vs Home Buying Chart
How much could you borrow to own a home based on what you are now paying in rent?
Interest Rate
Current Rent 5% 6% 7% 8%
$800 $149,025 $133,433 $120,246 $109,026
$900 $167,653 $150,112 $135,276 $122,655
$1,000 $186,281 $166,791 $150,307 $136,283
$1,100 $204,909 $183,470 $165,338 $149,911
$1,200 $223,537 $200,149 $180,369 $163,540
$1,300 $242,166 $216,829 $195,399 $177,168 $1,400 $260,794 $233,508 $210,430 $190,796
$1,500 $279,422 $250,187 $225,461 $204,425
Call us today for information on homes available right now in your price range. We work with many lenders who can provide financing for the home of your dreams!
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