Your situation
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Owning estimate includes principal & interest, taxes (~0.65%/yr), insurance (~0.35%/yr), and PMI when under 20% down. It doesn't count tax benefits, maintenance, or appreciation.
Rent
$2,100/mo
what you pay today
Own (est.)
$2,614/mo
5% down
Owning would cost about $514/mo more than renting
You'd pay more per month, but part of every payment builds your own equity — not your landlord's.
What owning is made of
- Principal & interest$2,184
- Property taxes$190
- Home insurance$102
- Mortgage insurance (PMI)$139
See what you qualify to buy →
~10 min · soft credit check · talk to Michael Hernandez, not a call center
Estimate only — not a rate offer, APR disclosure, or commitment to lend. Subject to credit approval and underwriting. Your actual rate, taxes, and insurance depend on a full application.