Rental Resources
Should I rent or buy?
Renting keeps you flexible. Buying builds equity. Compare the real monthly numbers, then let a Mashney advisor pressure-test the plan with you.
Monthly rent$3,200
Home price$850,000
Down payment20%
Interest rate6.50%
Renting
$3,200/mo
No property tax, no maintenance, no closing costs — and no equity.
Buying
$6,069/mo
- Principal & interest
- $4,298
- Property tax
- $815
- Insurance
- $248
- Maintenance
- $708
- Upfront cash needed
- $195,500
The verdict
Buying costs $2,869 more per month. At this pace, you'd want to stay roughly 5.7 years for the upfront cash to make sense.