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FIRST-TIME HOME BUYERS 
OPTIONS REAL ESTATE & DEVELOPMENT is a real estate service for first-time home buyers and home owners moving toward home resale and home upgrade. THE RENT YOU PAY COULD BUILD EQUITY IN YOUR OWN REAL ESTATE
How much do you pay in rent year after year? In addition to the monthly payment you should figure in the amount you would have accumulated had you invested your payments and earned 10 percent interest. This gives you a total picture of what’s happening to your money. The rent you pay adds up to a sizable sum. 

Using the chart below, find your per month rental payment and you can determine how much money you are investing in someone else’s real estate over time...money which could be used to build equity in your own real estate! Contact OPTIONS for a detail personalized rent vs. buy analysis. How much house can you afford?

 
PER MONTH
10 YEARS
15 YEARS
20 YEARS
25 YEARS
30 YEARS 
700
143,391
290,129
531,558
928,783
1,582,341
750
153,634
310,853
569,527
995,125
1,695,366
800
163,876
331,576
607,495
1,061,467
1,808,390
850
174,118
352,280
645,464
1,127,808
1,921,415
900
184,360
373,023
683,432
1,194,150
2,034,439
1,000
194,603
393,369
759,369
1,326,833
2,260,488
1,100
225,329
455,917
835,306
1,459,517
2,486,537
1,200
245,814
497,364
911,242
1,592,200
2,712,585
1,300
266,298
538,811
987,179
1,724,883
2,938,634
1,400
286,783
580,259
1,063,116
1,857,567
3,164,683
1,500
307,267
621,705
1,139,053
1,990,250
3,390,731
1,600
327,752
663,152
1.214,990
2,122,933
3,616,780
1,700
348,236
704,599
1,290,927
2,255,616
3,842,828
 

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