What should I consider in my decision to rent or purchase a home?

This decision is based on both financial and lifestyle choices. From a lifestyle standpoint, consider whether or not you want to commit to living in a home for several years. Compare the cost of renting to the after-tax cost of owning to determine whether it makes financial sense to buy. Use our Rent vs. Buy calculator for a quick comparison of scenarios. These may help your decision-making.

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