Financial Hellness

EPISODE 7, RENTING VS OWNING, PART II, THE NUMBERS!


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Steph and Chad continue last week’s conversation about the pros and cons of renting vs. buying a home. This week they dig deep into numbers, covering everything from down payments, interest rates, closing costs, principal and interest payments, other monthly payments, and more. Grab a notepad because this episode is loaded with great information to help you with understanding what costs to expect when you buy a home.

Many of the assumptions used in this episode are taken from the NerdWallet article, “How Much Money Do You Need to Buy a House?” by Kate Wood, updated November 17, 2022.

https://www.nerdwallet.com/article/mortgages/how-much-does-it-cost-to-buy-a-house

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