Is it financially better to buy a home or to rent? Should I consider renting long-term, or try to purchase a house?

The answer to these questions depends upon how much the home costs, how much you are paying for rent, and how much you will have to pay each year in order to maintain your home.

Use the calculator below to get an objective comparison of renting versus buying:

Rent vs. Buy Calculator by MortgageLoan.com