Leading Edge Real Estate
Welcome Home from Leading Edge Real Estate!

RENT VS. BUY


RENT

  • Pay 1 month’s security deposit out of pocket
  • Pay 1 month’s rent before moving in
  • Pay Pet deposit – often non-refundable (if you have pets)
  • Many home owners don’t allow pets – so you are forced to make a difficult decision to decide on settling for a home you may not like or finding a new home for your pet
  • You have NO Tax benefits – while paying off your landlord’s mortgage while your landlords builds equity in the house.
  • Possible yearly rent increases

BUY  -  With NO ($-0-) Money Down

  • Skip 1 monthly payment
    (ie. 1st mortgage payment is due 1 month after the closing)
  • Bring your pet
  • Tax Benefits - See the Rent vs. Buy calculator at
    http://www.augustamortgagesolutions.com/CalcRentvsBuy.x
  • Freeze todays home price and watch equity grow
  • Freeze today’s monthly payments while rents are increasing

Veterans BUY with ZERO money down
(note you can have 2 VA loans!)


Available Homes vs Renting

Rent $850 to $1,000 Monthly
or
Buy 3br/2ba
$150,000 to $170,000
Rent $850 to $1,000 Monthly
or
Buy 4br/2ba
$150,000 to $170,000
Rent $1,000 to $1,100 Monthly
or
Buy 4br/2ba
$170,000 to $185,000
Rent $1,100 to $1,200 Monthly
or
Buy 5br/2ba
$185,000 to $205,000
Rent $1,200 to $1,300 Monthly
or
Buy 5br/2ba
$205,000 to $222,000
Rent $1,300 to $1,400 Monthly
or
Buy 5br/2ba
$222,000 to $240,000
Rent $1,400 to $1,500 Monthly
or
Buy 5br/2ba
$240,000 to $260,000
Rent $1,500 to $1,600 Monthly
or
Buy 5br/2ba
$260,000 to $275,000
Rent $1,600 to $1,700 Monthly
or
Buy 5br/2ba
$275,000 to $295,000
Rent $1,700 to $1,800 Monthly
or
Buy 5br/2ba
$295,000 to $315,000
Rent $1,800 to $1,900 Monthly
or
Buy 5br/2ba
$315,000 to $333,000
Rent $1,900 to $2,000 Monthly
or
Buy 5br/2ba
$333,000 to $353,000
Rent $2000 to $2,250 Monthly
or
Buy 5br/2ba
$353,000 to $390,000
Rent $2250 to $2,400 Monthly
or
Buy 5br/2ba
$390,000 to $417,000
Payment Examples are based on 100% financing (NO money down) at 3.75% APR for 30 years fixed
(interest rates can change daily until you lock your rate / restrictions apply)