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While purchasing a home is often the better option, there are times (depending upon how long you intend to live in a particular area) when renting may be a better choice. This calculator helps you determine what may be best for you.
Directions:
Enter your inputs into the white boxes. To see the results (in the yellow boxes), click on another box or press the Tab key.
DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your own financial advisor.