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      • Blended Rate Calculator
      • Mortgage Assumption Tool
      • Seller Net Sheet Texas
      • Buyer Closing Cost
      • Property Taxes Calculator
      • 3/2/1 BuyDown Calculator
      • Rate Buydown Calculator
      • Real Estate Commission
      • Rental Calculators
      • Refinance Closing Cost
      • BRRRR Calculator
      • Cash on Cash Returns
      • Loan Comparison Tool
      • DSCR Loans
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832.483.0829

The Gifford Group

Signed in as:

filler@godaddy.com

  • Home
  • Home Search
    • 55 Plus Communities Homes
    • Cypress Homes
    • Dream Homes
    • Find A New Home
    • Home Listings
    • Homes with pool
    • Katy Homes
    • Houston Homes
    • Fulshear Homes
    • Missouri City Homes
    • New Construction Homes
    • Land for Sale
    • Map Search
    • Richmond Homes
    • Spring Homes
    • Sugarland Homes
    • The Woodlands Homes
    • Tomball Homes
    • Foreclosure homes
    • For Lease Homes
    • Advanced Home Search
  • Home Resources
    • Apply Now
    • One-Stop Real Estate
    • Current Mortgage Rates
    • What Is My House Worth
    • Home Buyer's Guide
    • Home Seller's Guide
    • Owner Financing Homes
    • HAR Houston Homes
    • Houston HOA Homes
    • Real Estate Market News
  • Blog/Info
    • New Beginnings Blog
    • Contact Us
    • Order Our Book
    • Our Team
    • Real Estate Agents
  • Calculators
    • Buy Vs Rent Calculator
    • Mortgage Calculator
    • House Affordability
    • Closing Cost Calculator
    • Reno Loan Calculator
    • Capital Gains Calculator
    • Mortgage BuyOut
    • Blended Rate Calculator
    • Mortgage Assumption Tool
    • Seller Net Sheet Texas
    • Buyer Closing Cost
    • Property Taxes Calculator
    • 3/2/1 BuyDown Calculator
    • Rate Buydown Calculator
    • Real Estate Commission
    • Rental Calculators
    • Refinance Closing Cost
    • BRRRR Calculator
    • Cash on Cash Returns
    • Loan Comparison Tool
    • DSCR Loans
    • Inherited property Homes
    • Home Builder Discounts
    • FHA 203K Loan Calculator
    • Energy Cost Calculator
    • Affordability of Rent
  • Divorce
    • Navigating Divorce Book
    • Child Support Calculator
    • Divorce Buyout Calculator
    • Divorce Videos
    • Divorce Real Estate
    • My Divorce Real Estate
    • Refinance Now
    • Divorce Checklist
    • Divorce Resources
    • Divorce Seminar
    • Divorce Support
    • What Happens To The House

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Buy VS Waiting CALCULATOR

should i buy a house now or wait until 2024

 Are you on the fence about whether it's the right time to buy a house?   🏡 Let us help you make an informed decision! Our new calculator takes into account various factors to determine whether buying a house now is the best move for you or if waiting might be more advantageous. 

 

Your One-Stop Shop for Real Estate Needs

BUY VS RENT CALCULATOR

Rent vs Buy Calculator: Should I Rent or Buy?

 Are you torn between buying a home or renting one? 🏠 

Let our Buy vs Rent Calculator Breakdown guide you through the complex decision-making process! 

Making the right choice for your housing situation is crucial, and we're here to provide clarity and insights.  Apply today for a mortgage

Thinking Of Buying vs Renting?

Is Buying or Renting a Better Option? Find Out with Our Buy vs Rent Calculator

When it comes to buying a new home, it can be both an exciting and stressful experience, especially when you consider the financial implications. 

Consider both options financially before making a decision. This is where a rent vs buy calculator comes in handy. 


Read the Latest  real estate market news


Pros of Home ownership 

Homeowners may benefit from certain tax benefits.  

Provides a sense of stability and community

Buying a home can be a very good investment. You may be able to build equity.

Able to use leverage to control a large asset. 

The net worth of a homeowner is about 40 times higher than that of a renter

Can keep it as a rental ( Renting out a house for the first time)


Pros of Renting

Flexibility to move each year

Same monthly payment for the first year

Landlord handles most repairs

Low cost of entrance


What is a Rent Vs Buy Calculator? 

A rent Vs buy calculator is a tool that helps you compare the cost of renting versus buying a home over a certain period of time. This tool calculates monthly rent payments, home loan payments, down payments, insurance costs, and other expenses associated with buying and renting a home.  


The calculator then compares those costs to help you determine which option is more affordable for you.  As General Rule, If you stay in your home for 3 years, renting is cheaper than buying. Normally after 5 years, it is cheaper to own as you get appreciation for the home you're purchased. Of course, there are costs associated with selling the home and our buy vs rent calculator takes that into consideration.  Also, check to See our Seller net sheet.  


How does it work? 

The "rent vs buy calculator" compares the total cost of renting versus buying a home over time. It takes into account factors such as your current rent, the cost of the home you want to buy, the amount of your down payment, monthly mortgage payments, property taxes, and insurance, closing costs, maintenance costs, and the length of time you plan to stay in the home. 


Wondering about Property Taxes? 


With this information, the calculator estimates what renting versus buying will cost you, taking inflation into account and other changes to consider. 


This information can help you make an informed decision about whether to rent or buy. 


Why use a Rent vs Buy Calculator? 

Using a rent vs buy calculator can help you make a more informed and accurate decision about whether renting or buying is the best option for you, depending on your financial situation and goals. A rent vs buy calculator allows you to visualize the financial impact of renting versus buying over time. It helps to understand the long-term costs associated with buying a home versus renting. This information can help you make a more informed decision and avoid making a financial mistake. 


Conclusion 

When you're looking at buying versus renting, it's essential to understand the financial implications of each option. If you want to check out our Mortgage Calculator or get approved to buy today. or Keep renting and check out local rentals



A rent vs buy calculator is an excellent tool to compare the cost of renting versus buying a home. It allows you to determine which option would make the most sense financially for your situation. By using a rent vs buy calculator, you will be able to make an informed decision that aligns with your financial goals.


Read our Hidden Cost of home ownership 

Read about the different loans types   

VA Loan benefits

 

FHA home loans in Texas


How much house can i afford to buy calculator?

 

How Much House Can I Afford With 150K Salary?

 

Title Insurance, What You Should Know

Buy vs Rent Calculator which is right for you?

Buy vs Rent Calculator 

Which is right for you?

Buying makes sense in the long term

Rent payments over the years

Net worth higher for owners

A monthly mortgage payment is often considered a forced savings account that helps homeowners build a net worth about 40 times higher than that of a renter

Read more here

Landlord getting rich

That’s how much you will give to your landlord in 5 years, That’s how much you will give to your landlord in 5 years, Rents are up 18% of that last 4 years

$240,000

Definitely 10 years, you gave away 240 thousand dollars. Think about that! 

How much can you afford mortgage wise?

We are Your first Call

Your first step should always be to talk to a mortgage professional. Schedule a time speak with me today, it doesn’t matter if your already under contract, or if you are buying until next year

Real esate and Mortgage Experts:

We are Real Estate Professionals, Apply today

Contact us today

The Gifford Group can assist with home loan needs, apply now



Cover All Your Real Estate Needs in the Greater Houston Metroplex. 

 Loans in  40 different states 


The Gifford Group, LLC - All Rights Reserved.

Equal Housing Opportunity

Opening Doors to New Beginnings

 Copy Right 2024 The Gifford Group. All rights reserved. All photos, images, and videos on this website are copyrighted and may not be downloaded reused without the written permission of the Gifford Group


Amber Gifford, TREC Lic. #0732687

INFORMATION ABOUT BROKERAGE SERVICES 


Scotty Gifford TREC Lic. #0740987

 Information About Brokerage Services



Scotty Gifford NMLS ID # 2357310

Mortgage lender is mimutual  NMLS # 12901   

MiMutual Mortgage is not affiliated with The Gifford Group. 

Scotty Gifford is both a licensed real estate agent and Mortgage Loan Officer (MLO) at MiMutual Mortgage
Texas Real Estate Commission Consumer Protection Notice


 Broker is Amber Gifford of The Gifford Group, LLC

Real Estate LLC, License #9014675 



 

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Divorce is more than an ending—it’s a new beginning.

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