Home Vs. Rent Calculator From HUD.Gov

Pic credit to Damian Brandon

If you’re anything like me you’re skeptical of someone pushing a service on you that sounds too good to be true or that you feel like you’re being pushed to buy something.

Enter HUD.Gov.  They’ve created a nifty buy vs. rent caluculator where a prospective California first time homebuyer can see whether or not it’s cost effective to buy a home or not.

The calculator is simple and will take into account the tax advantages of homeownership when comparing to paying rent versus obtaining a California home loan.

To use it, just click on this link http://www.ginniemae.gov/rent_vs_buy/rent_vs_buy_calc.asp?section=YPTH and it will take you to the calculator.  If you have any questions or concerns feel free to leave a comment below!



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