reddit

“There are dozens of rent vs buy mortgage calculators out there, but I will offer one more with a unique way of analyzing the ultimate decision - rent or buy. As we have discovered in the recent news of the housing meltdown, many people claim not to understand the terms of the mortgages they signed up for. If that is indeed the case, I would venture to say that they also do not understand the net present value calculations of all those other rent vs buy calculators.” source...