Pre Qualify

The Cost of Renting v/s Buying

May 24, 2016 Posted by: Diamond Realty Brokers

Renting vs. Buying: What Does it Really Cost? [INFOGRAPHIC] Some Highlights: The % of income needed to buy a median priced home is almost half the % of income needed for median rent. Buying costs are significantly less than renting. The % of income needed to buy a median priced home is less than renting.   Buy v/s Rent Chart Comparison: The homeowner’s payment is less than the rental payment after 3 years.           Listed below are typical requirements for Obtaining a Home Loan:   1. 600 Credit Score (no late payments within […]

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