Rent or Mortgage?
by: Oleg Lysachok • 0
Rent or mortgage?
Certainly, anyone who rents living space, asked this question. Of course, nothing beats the joy purchase their own homes. However, payments on a mortgage loan can prove to be not so attractive as advertising signs. After all, if you are repaying the loan as well as in the lease giving the money for the service. And in the case of a mortgage, this amount often exceeds several times the cost of housing.
This application is designed to help you weigh the "pros and cons" and make the right decision.
After you enter some data, the application will calculate the difference between losses in rent and mortgage. Based on these numbers, you can make a decision about buying an apartment or to continue to increase the down payment.