SDR– Don’t really want to pry too much, but you offered.
I’m trying to make sense of your numbers, but just can’t. Perhaps the $2,200/mo for the loan reflects tax benefits, just the interest, or a low interest rate, but from your tax figure (assuming no mello-roos), I’m guessing the purchase price of the home to be around $650,000. I must have something wrong…
I love these rent vs. buy questions. Every time I run the numbers, it’s a no brainer. Rent baby, rent!