A family home is a huge investment, not only financially but also in terms of lifestyle and community.

 

 

 

 

 

 

 

 

Rent vs Own ?

A 1800 sq ft house in Port Tampa rents for $ 1,800.00

 

You can buy the same house for $ 270,000 and live in it for less:

 

Monthly Mortgage    $1,261.83

Flood insurance            $32.08

Property tax                 $394.96

Homeowner Ins            $50.00

 

Total monthly cost    $1,738.87

 

If you own however $ 360.00 of the mortgage payment goes to pay down the mortgage principal.

 

The mortgage payments are tax deductible so you also save a percentage of them depending on your tax rate.

 

 

RealEquity Corporation / T 813-600-5036 / F 813-749-0875 / a.trent@realequity.ca / © 2013 by RealEquity Corporation

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