| Rent
Vs. Buy |
|
The table below will help you see how much you'll spend in
rent
over the next 1, 5, 10, & 15 years.
Wouldn't
you rather put that money into your own home and
build equity in a secure investment?
|
|
|
1
YR |
5
YRS |
10
YRS |
15
YRS |
|
$500
|
$6,000
|
$30,000
|
$60,000
|
$90,000
|
|
$600
|
$7,200
|
$36,000
|
$72,000
|
$108,000
|
|
$700
|
$8,400
|
$42,000
|
$84,000
|
$126,000
|
|
$800
|
$9,600
|
$48,000
|
$96,000
|
$144,000
|
|
$900
|
$10,800
|
$54,000
|
$108,000
|
$162,000
|
|
$1,000
|
$12,000
|
$60,000
|
$120,000
|
$180,000
|
|
$1,100
|
$13,200
|
$66,000
|
$132,000
|
$198,000
|
|
$1,200
|
$14,400
|
$72,000
|
$144,000
|
$216,000
|
|
$1,300
|
$15,600
|
$78,000
|
$156,000
|
$234,000
|
|
$1,400
|
$16,000
|
$84,000
|
$168,000
|
$252,000
|
|
$1,500
|
$18,000
|
$90,000
|
$180,000
|
$270,000
|
|
|
|
|
