Renting vs Buying a Home


you worked hard for you money! why let someone else get rich with it?
current years rent per month	2nd years rent per month	3rd years rent per month	4th years rent per month	5th years rent per month	6th years rent per month	7th years rent per month	8th years rent per month	total 8 year loss
$500	$520	$541	$563	$586	$609	$633	$658	$55,302
$550	$572	$595	$619	$644	$670	$697	$725	$60,864
$600	$624	$649	$675	$702	$730	$759	$790	$66,348
$650	$676	$703	$731	$760	$791	$822	$855	$71,856
$700	$728	$757	$787	$819	$852	$886	$921	$77,400
$750	$780	$811	$844	$877	$912	$949	$987	$82,920
$800	$832	$865	$900	$936	$973	$1,012	$1,052	$88,440
$850	$884	$919	$956	$994	$1,034	$1,076	$1,119	$93,984
$900	$936	$973	$1,012	$1,053	$1,095	$1,139	$1,184	$99,504
$950	$988	$1,028	$1,069	$1,111	$1,156	$1,202	$1,250	$105,048
$1,000	$1,040	$1,082	$1,125	$1,170	$1,217	$1,266	$1,317	$110,604

present home value	value in 1 year	value in 2 years	value in 3 years	value in 4 years	value in 5 years	value in 6 years	value in 7 years	total 8 year appre-ciation
$70,000	$72,800	$75,712	$78,740	$81,890	$85,166	$88,572	$92,115	$22,115
$80,000	$83,200	$86,528	$89,989	$93,589	$97,332	$101,225	$105,275	$25,275
$90,000	$93,600	$97,344	$101,238	$105,287	$109,499	$113,879	$118,434	$28,434
$100,000	$104,000	$108,160	$112,486	$116,986	$121,665	$126,532	$131,593	$31,593
$110,000	$114,400	$118,976	$123,735	$128,684	$133,832	$139,185	$144,752	$34,752
$120,000	$124,800	$129,792	$134,983	$140,383	$145,998	$151,838	$157,912	$37,912
$130,000	$135,200	$140,608	$146,232	$152,082	$158,165	$164,491	$171,071	$41,071
$140,000	$145,600	$151,424	$157,481	$163,780	$170,331	$177,145	$184,230	$44,230
$150,000	$156,000	$162,240	$168,730	$175,479	$182,498	$189,798	$197,390	$47,390
$160,000	$166,400	$173,056	$179,978	$187,177	$194,664	$202,451	$210,549	$50,549
$170,000	$176,800	$183,872	$191,227	$198,876	$206,831	$215,104	$223,708	$53,708