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Rent vs Buy Calculator

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While nearly 40 percent of aspiring homeowners believe they need to put down 20 percent on a home purchase, the truth is the average down payment was just 11 percent in 2016, according to the National Association of REALTORS®. Mortgage industry blog MGIC Connects has created a Buy Now vs. Wait calculator that can show you whether you are better off waiting and continuing to save for a bigger down payment or buying now with less money upfront. Click on the link to see if you should buy or wait.

Call me now to stop wasting rent money.

 

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