Should I Rent or Own in Asheville?
We can help to determine if you could save money or pay about the same to buy a home or continue renting. By providing the following details we can calculate which option is going to be the best for you.
- Monthly Rent
- Expected Annual Rent Increase
- Desired Home Purchase Price
- Down Payment %
- Interest Rate for Home Loan
- Length of Loan
- Closing Costs
- Annual Appreciation on Home %
- How Long You Plan to Keep the Home Before Selling
- Annual Interest Rate Currently Earned on Down Payment
- Income Tax Rate
Keep in mind that you may not receive any tax savings, depending on the amount of your itemized deductions.