Can buying a new home cost less than my rent?
Sometimes, yes. It depends on the home, your loan and the deal the builder gives. We show you the whole monthly bill on every home, so you can compare it with your rent.
By Nick GutheryOwner & CEOUpdated Florida & Georgia
The whole bill means the loan, taxes, insurance and fees, not just the loan. That is the number to put next to your rent.
When you rent, the money is gone. When you own, part of each payment goes to paying off your home.