Im talking what you would otherwise pay in rent for a house of the same type and quality. As both a homeowner and landlord of properties in that price range, I

Im talking what you would otherwise pay in rent for a house of the same type and quality. As both a homeowner and landlord of properties in that price range, I can tell you that those numbers arent far off. If you're trying to compare taking a mortgage on a 400k home to renting a property that would sell for considerably less, you aren't talking about the effects of taking on debt, you're talking about the effects of downgrading your lifestyle.