2 ms·
Are you sure? Rent and mortgage are pretty similar per month but if you move every few years the home will cost you a lot more.
by NavinF 4y ago
Are you sure? Rent and mortgage are pretty similar per month but if you move every few years the home will cost you a lot more.
- dahfizz 4y agoMoving has extra costs associated with it, but you still build equity. After ~30 years, you don't have to pay a mortgage anymore. Any money you saved from renting better go straight into your IRA, because you're still going to be paying rent when you retire. 30 years of mortgage is a lot cheaper than 60 years of rent.