[quote=AN]Listing at $285k. @ 4.5% loan, you’re talking about mortgage of $1155/month vs $2200/month for rent of the same house. Lets assume FHA w/ 3% down and 5.5% rate, mortgage is still $1569/month. Still look like a no brainer for me.[/quote]
AN – Are rates really as low as 4.5%? Are you also taking into consideration the property tax, PMI, and any HOA and/or Mello Roos?
