| 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
|
|
|
