There are many advantages to buying a home versus renting one. View these advantages in the Buy vs. Rent Comparison Chart, or view a financial comparison of buying versus renting in the Buy vs. Rent Calculator.

Talk to a financial advisor, a housing agency counselor or someone you trust that is knowledgeable about real estate and property values in your local market. Your income, savings and monthly expenses play an important role in determining the ideal mortgage size for your budget. To help determine the amount you can afford, please click here.