I’m not stupid, right? Huge difference in rent vs. purchase cost.
I'm not stupid, right? Huge difference in rent vs. purchase cost. Hey everyone, one of these again. We've decided to rent instead of buy, just looking for opinions. House: $420k Payment around $3100 with 17% down 7.25% Rental of almost exact house, same location, $2300 /Mo. Difference of $800 per month, and I'm currently earning 4.3% or $200 a month in a HYSA on the 80,000 "down payment". So by renting, we're...