Sunday, January 23, 2011

Do you rent or Do you Buy?

Will you rent or will you buy?

Interest rates on savings at your Bank? 1 - 1.5% annually

Average rental on a two bedroom with den Two full bath? $1,800

With the interest rates hovering around 3.89 - 4.09 % five year fixed; yes we would all like to have the variable at 2.35% .

Expected rate of annual value increase? I would use 4%

Try it and tell me. How did your model work?

Lets get you started.

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