Not only does owning a home give you a haven for yourself and your family, it makes great financial sense too.
This calculation assumes a 28% income tax bracket.If your bracket is higher, your savings will, too.
Rent: ____________________
Multiplier:X 1.32
Mortgage Payment: ____________________
Because of tax deductions, you can make a mortgage payment – including taxes and insurance – that is approximately one-third larger than your current payment and end up with the same amount of income.
