Many people who have never owned a home may think it’s too expensive and unaffordable. However, when you take into consideration all the costs involved including the tax advantages, many times it actually comes out to being cheaper to buy than to rent.
There hasn't been a better time buy. Mortgage interest rates are at their lowest levels in 50 years. Prices of homes have come down and there's a large supply of homes on the market. However, mortgage rates are not going to remain this low forever, so if you're thinking about buying, now is the time.
Use the application below and use your own numbers to automatically calculate your costs to show what you would actually be spending (net) to own a home.
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