I am by no means the tech-whiz of Agent Genius, but I found this do-flicky-thing. AND I found it before Lani.Adjust the figures to your market and you have a visual that compares rent to own. Calculate monthly rent, home price, down payment, interest rate, property taxes and go. Click on a particular year and receive an instant summary of both options.
It makes the assumption that the rate of increase/decrease is the same over 30 years, so you’ll have to make adjustments for that in your calculations.
It’s not a discussion of a home being a nest and all that goes with that, but it’s still a cool piece of the puzzle.
