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Should I rent or buy a home?

Everyone's financial situation is unique, but for many people, renting a home seems like a better financial option than buying. However, that may be a conclusion based on assumptions rather than facts. Homeownership is generally a very good financial decision because it may present opportunities for investment that renting does not. Check out our rent vs. buy calculators to determine whether buying or renting is better for you.

Rent Assumptions

Purchase Assumptions

Other Assumptions

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This information may help you analyze your financial needs. It is based on information and assumptions provided by you regarding your goals, expectations and financial situation. The calculations do not infer that the company assumes any fiduciary duties. The calculations provided should not be construed as financial, legal or tax advice. In addition, such information should not be relied upon as the only source of information. This information is supplied from sources we believe to be reliable but we cannot guarantee its accuracy. Hypothetical illustrations may provide historical or current performance information. Past performance does not guarantee nor indicate future results.