Buying vs. Renting a Home: A Financial Analysis
The following figures show cash flow diagrams for buying and renting a home. Figure 1.0 – Simple cash flow diagram for buying a home. Figure 1.0 reflects a one year ownership of a house with a purchase price of $131,500, 20% down payment, 15 year fixed mortgage rate at 3.09%, 0% appreciation, and assumes the ................
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