 鲜花( 0)  鸡蛋( 0)
|
Is buying the only option for you? How about renting?
Cost comparison:: [( }& h2 H6 n7 e4 L
1. Assume you buy a house worth $500K with a down payment of $100K, the anuual cost will be $2,7000.: d: v. a, }8 t# d& Q& f, a
Interest: 400K * 5.5 = $2,2000
8 y3 t) X' H. {" P/ N! d, Z/ a+ EProperty tax: $2800
) N$ Y& A0 q0 V7 w9 { E, ~Maintenance: $1500
& M3 R$ L) D, e" WInsurance: $700
. t- m1 |; u. x9 Z2. If you rent a similar house, the cost will be $18300.
. H" i* E7 ]! G: Q, ARent: $21600 = $1800 per month * 12& E3 E2 c/ ]- O0 A
Return on your $100k investment: 100K * 4.25% = 4250, you will get net around $3500 after tax.
, Z# C% E# d0 Q! vInsuance: $200. [' M8 F6 }$ M9 G: T! x" h1 [! x
# n7 I3 P& I0 i7 |) b
You will save $9000 a year if you rent. In addition, if the house prices drop, you will benefit more. But if you expect the house prices will keep rising by 5% every year, probably it will be better off to buy.0 G F5 p2 G- u5 N
1 w- I: s1 X4 g( K& z1 B/ R3 t; j[ 本帖最后由 smalltown 于 2007-4-30 09:53 编辑 ] |
|