CMG Home Loans
4050 Legato Road Suites 100 & 120
Fairfax, VA 22033
Branch NMLS# 1935463

Time to Make the Leap? Rent or Own… You Decide

Owning a home has several advantages over renting. The financial benefits can help you achieve your long-term goals and can only be experienced by making the leap to home ownership.

Renting

  • Tax Advantages:┬án/a
  • Investment: n/a
  • Inflation Protection: n/a
  • Security: n/a

Owning

  • Tax Advantages: Tax deductions can lower your monthly payment by up to 20% or more.
  • Investment: A 4.0% annual rate of gain can double the value of a home in 17 years while you pay down what you owe.
  • Inflation Protection: While your entire rent is subject to inflation, less than 25% of a fixed-rate mortgage payment can increase.
  • Security: No landlord to tell you when to move.

Or, just take a look at the numbers:

How inflation, tax and principal reduction effect rent and mortgage payments. Tax savings and principal reduction subtracted from monthly mortgage cost.

Screen Shot 2014-05-16 at 3.23.43 PM

Call me for a Free Homeownership Analysis for you or someone you know.

Facebook
Twitter
LinkedIn
Pinterest