Thinking about buying a home but not sure if it makes financial sense for you? This handy calculator will help you see which is better for your current situation. Plug in how much you are paying in rent, the price of the home you wish to buy, what down payment you would be using and your potential loan interest rate. The calculator will tell you if it is better to rent or buy and how much you could potentially save over the life of the loan, even if you want to move before you pay off the loan.
