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Compare the Cost of Renting versus Buying a Home

If you're deciding between buying a home and renting, we get it! The monthly costs can be tough to compare. It's tempting to just look at the numbers in the present and pick whichever is cheaper today. But the truth is that the math that shows you may save a little in the short run doesn't capture all of the true costs.

Renting is sometimes (not always) cheaper by the month. Over time, though, the benefits of owning typically make a purchase a much better deal.

Click here for our Renting vs Owning Calculator will show you how the costs and benefits might compare for your scenario.