My little passion for mortgage calculator
Determining whether you should buy or rent a property depends on your own financial situation. Start by examining your income, expenses, overall budget and your plans for your financial future. In many markets right now, purchasing a property only for investment purposes is not beneficial financially. Over time, your earning potential with that same money invested elsewhere might be much better. If you plan to live in the property, however, weighing the costs and benefits of renting versus owning should be part of your calculations.