ilmscore | Prediction Details
"let's say you're looking to buy a $550,000 house that would cost you $2,500 a month to rent if you plan to stay there for 13 years with a 7.25% mortgage a 10% down payment 3% home appreciation 5% rent growth 8% investment returns and a 3% inflation rate renting ends up saving you $159,000 over that time frame"
By Graham Stephan | May 29, 2024 | Pending
From video
Renting vs Buying a Home: What NOBODY Is Telling You 00:21:52 - 00:22:13
Interpreted Prediction
In a scenario involving a $550,000 house and a 13-year stay, renting saves $159,000 compared to buying, considering specific mortgage, appreciation, rent growth, investment, and inflation rates.

Prediction Details

Topic
Renting vs. Buying (Financial Calculation Example)

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