Welcome or Register

Rent vs. Purchasing

Knowledge is power, this we know.

  Purchase Rent
Purchase Price/Rent $279,900 $3,000/month
Rate 4.00% --
Term 30 Year 1 Year
Loan Amount $279,900 --
Down Payment/Security Deposit $8,500 $3,000
Principal & Interest $1,336 --
Tax/Insurance $338 --
Total Monthly Payment $1,674 $3,000
Total Payment After 3 Years $60,264 $108,000

Equity after 3 years
(assuming 3% appreciation)

$25,954.28 $0

One thing many people don’t know – talking to you, apartment renters – is that you can actually afford a home. When all is said and done, it is quite possible for renters to be homeowners.
 

Purchasing Advantages Renting Disadvantages
Property builds equity No tax benefits or equity gains
Tax deduction of mortgage interest No control over rent increases

The benefits are obvious. Now that you’re in the know, it’s time for you to take the next step. Give me a call and let’s talk about how we can work together to get you from “renter” to “homeowner.”

DON'T MISS A NEW LISTING AGAIN!
Register Now
Already registered? Login

FREE AUTOMATED EMAIL UPDATES
Sign in to take advantage of all this site has to offer. Save your favorite listings and searches – also receive email updates when listings you like come on the market for free!
*Contact Information is NOT Shared*

Quick Search


view all


Any

Any

No Min.

No Max.
Connie Lord | Ron Lord
ReMax100
22845 Washington St. E. 
Leonardtown MD 20650

Connie Cell: 701-389-8869
Ron Cell: 301-904-1076
Connie Email: lord.connie@yahoo.com     
Ron Email: ronlord@verizon.net

Ron Lord "The Tie Dye Guy" | Serving Southern Maryland | 301-904-1076