Rent or Buy?
How much rent will you spend in the next year, 5 years, 10 years or even 15 years?
Wouldn't you rather put that money into your own home and build equity in an investment?
If Your Current Rent Is: |
1 Year
|
5 Years
|
10 Years
|
15 Years
|
$500 |
$6,000
|
$30,000
|
$60,000
|
$90,000
|
$600 |
$7,200
|
$36,000
|
$72,000
|
$108,000
|
$700 |
$8,400
|
$42,000
|
$84,000
|
$126,000
|
$800 |
$9,600
|
$38,000
|
$96,000
|
$144,000
|
$900 |
$10,800
|
$54,000
|
$108,000
|
$162,000
|
$1,000 |
$12,000
|
$60,000
|
$120,000
|
$180,000
|
$1,100 |
$13,200
|
$66,000
|
$132,000
|
$198,000
|
$1,200 |
$14,400
|
$72,000
|
$144,000
|
$216,000
|
$1,300 |
$15,600
|
$78,000
|
$156,000
|
$234,000
|
$1,400 |
$16,000
|
$84,000
|
$168,000
|
$252,000
|
$1,500 |
$18,000
|
$90,000
|
$180,000
|
$270,000
|
|