Renting vs buying a house?

Calculator assumes the home’s value will increase 4% a year over a period of 7 years. Annual cost includes an estimate of the total yearly cost of property taxes, homeowners insurance, and maintenance. This calculator is made available as a self-help tool for your personal use. We do not guarantee its accuracy or applicability to your individual circumstances. Resulting calculations are for illustrative and informational purposes only and are not intended as investment or financial advice. Consult a qualified financial advisor before making important personal finance decisions. To get a better understanding of the benefits of buying a home, speak with a loan advisor at Freedom Mortgage.