How "Rent vs. Buy" Shifted in 2023
The Money with Katie Show
00:00
How to Calculate Your Break Even Horizon
The median home value in Sacramento, the city of Sacramento is currently $466,942. A 20% down payment on that amount or $150,000 would mean between $22,500 and $45,000 in closing costs. In order to break even, we'd need to make back our cash input that we've already had at $461,760.
Transcript
Play full episode
