Buy Vs Lease Calculator!

The biggest expense most people have is the place they live. One of the biggest decisions young people face is whether to buy their home, or continue to rent. Conventional wisdom says that buying will pay off in the long-term, but believe it or not, this is not always the case!

If you used the car loan calculator to see what kind of loan you can afford with your budget, you can use the same numbers to figure out if you should buy or lease your vehicle too! This will give you an idea of where your personal cut-off would be for both major purchases.

After you figure out if you’re renting or buying and how much you’ll pay each month, try using the home budget calculator. This tool can help you create a budget based on your expenses and figure out how much money you can save each month.