Jim & Connie Erickson
"Your Friends in Real Estate"
Showcase of Homes Realty (612) 382-6925
Rent vs Buy
Your E-mail Address
Name Phone (xxx-xxx-xxx)
Monthly Rent Monthly Rent Insurance
Monthly Utility Exp. (not covered in rent) Monthly Other Exp. (ex: garage parking)
Home Price (If not sure how much you can of a home you can afford, use the default price)
Down Payment (if no down, leave as $0)
The results will be based on 30 year fixed mortgage term, competitive interest rate, private mortgage insurance, property tax, annual repair, utilities, hazard insurance, buy closing costs, sell closing costs and tax savings based on a marginal tax rate of 28%