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.