The Rent Vs. Buy Decision In 2022's Interest Rate Environment (And Lofty Market)
The Money with Katie Show
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63 Thousand Dollar Difference Between Rent and Investing in a Home
We used national averages of guaranteed costs to come to these conclusions. And you can run these same calculations using your own interest rates, mortgage amounts, and google the tax rates and insurance rates in your code if you want like, total accuracy. We're talking about a 63 thousand dollar difference as a result of renting and investing right? Worth 63 thousand dollars a head of where we would have been going down the ownership route with those rates for that amount of time.
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