HOME BUYING TOOLS

Wealth Building Calculator


Whether you know it or not - you are buying a home! Question is, are you buying a home for you of for your landlord. See how homeownership can help you build long-term wealth through equity and appreciation.

Your Scenario

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Historical average: 3-5% annually

Rental Comparison

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Your Wealth Growth

Total Equity After 10 Years

$285,000

Home Value After 10 Years $564,000
Remaining Mortgage $279,000
Principal Paid $41,000
Appreciation Gained $164,000

Rent vs. Buy Comparison

If You Rent

Total Rent Paid: $262,000
Equity Built: $0

If You Buy

Total Payments: $241,000
Equity Built: $285,000
Your Net Advantage from Buying:
+$285,000
This is the difference in wealth between buying and renting after 10 years.
Projections are based on historical averages and assumptions. Actual results will vary based on market conditions, property location, and other factors.

Benefits of Building Wealth Through Homeownership

Forced Savings

Each mortgage payment builds equity, unlike rent payments which build nothing.

Appreciation

Historically, home values tend to increase over time, growing your wealth passively.

Tax Benefits

Mortgage interest and property taxes may be tax deductible, saving you money.

Ready to Start Building Wealth?

Let us help you find the perfect home and start your journey to financial freedom.