Calculated Verdict
Buying is cheaper!
Buying beats renting after 5 years, saving you money in the long run.
Break-Even Year
5 Years
When buying net worth overtakes renter net worth
Wealth Diff (Yr 10)
+$45,200
In favor of Buying
Wealth Projection over 30 Years
US
Tax & Regulatory Rules applied:
Mortgage Interest Deductibility
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Capital Gains Tax Rules
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