Crimson Commons - There is Nothing Common About Crimson
Buy vs Rent
You Do The Math
Rent versus Own Savings
| Rent | Own | Saving | |
| Payments | $61,236.22 | $72,268.16 | ($11,031.93) |
| Tax Savings | 0 | $17,338.27 | $17,338.27 |
| Investment of Appreciation | $67,949.71 | $112,478.54 | $44,528.83 |
| Total Savings after 4 years | $50,835.16 |
Conclusion
By buying your condominium versus renting you will have saved $50,835.16 over the next 4 years.
By buying your condominium versus renting you will have saved $50,835.16 over the next 4 years.
Information provided by ELOAN and Yahoo Finance
Click here to see the benefits of owning your own condominium
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