Friday, December 1, 2017

Renting vs Buying

What $1500 / month gets you when Renting in Indiana: (from msn.com)

$1,500 in rent per month buys you: 2,049 square feet

Percentage of dwellings with dishwashers: 55 percent

Percentage of dwellings with washer/dryers: 31 percent

Percentage of dwellings with air conditioning: 58 percent

Now.......

Buying a home with a 150,000 mortgage.

$885  P&I Monthly

$200  Taxes Monthly

$1085 per month.

Plus the vast majority of homes will come with dishwashers, washers & dryers, central air, a 

garage, tax breaks and a basement!


Who says renting is better?

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