BUYING VS. RENTING This may surprise you, but a monthly mortgage payment is often less than what you might pay for rent. In fact, with just 1% down, you could save more than $600/month on a $250,000 home purchase and avoid monthly mortgage insurance. PURCHASE A $250,0000 HOME BUY: $1,597.85* (30-YEAR FIXED) RENT: $2,200 MONTHLY […]
