Charleston · Other

What is the break-even point?

A break-even point in a rent-versus-buy comparison is the length of time you need to stay in a home before the equity and tax benefits of owning outweigh the upfront closing costs compared to continuing to rent. It depends on your specific purchase price, loan terms, and local rent levels rather than one number for every buyer. Brian can run that calculation against your actual numbers before you decide.

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