Has it ever been fun to stand face to face with your future? When you find yourself in the position of deciding whether to rent or buy a home, you must take into account a wide array of elements and understand all the costs associated with each decision. The New York Times offers a fun alternative to calculate whether it’s better to buy your own home or rent a place indefinitely. Now that the real estate markets have seen instability, boom and fall, we rarely can predict the best practice. This easy to use calculator helps you switch between buying and renting costs so in the end, you have a general vision of which one is best suited for you. Showing the most important costs associated with buying a house as well as the equivalent monthly rent, this fun tool helps you analyze and make the best of this hard choice.
Have fun with the rent/buy online calculator and tell us which do you consider the best solution for your situation: renting or buying?