What your rent buys
What house can my rent buy in Florida?
Find your rent to see the home it already pays for with FHA and 3.5% down in most of Florida, taxes and insurance included, at a 5.75% rate. Then check your own income in the rent vs own calculator.
| Monthly rent | Home it pays for | Rent paid in 5 years | Loan paid down in 5 years |
|---|---|---|---|
| $1,000 | $105,000 | $60,000 | $7,462 |
| $1,200 | $135,000 | $72,000 | $9,594 |
| $1,400 | $164,000 | $84,000 | $11,655 |
| $1,600 | $193,000 | $96,000 | $13,716 |
| $1,800 | $223,000 | $108,000 | $15,848 |
| $2,000 | $252,000 | $120,000 | $17,909 |
| $2,200 | $282,000 | $132,000 | $20,041 |
| $2,400 | $311,000 | $144,000 | $22,102 |
| $2,600 | $341,000 | $156,000 | $24,234 |
| $2,800 | $370,000 | $168,000 | $26,295 |
| $3,000 | $400,000 | $180,000 | $28,427 |
AAA Capital Funding, Inc. · Mortgage broker since 1997
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4.9 on GoogleBBB A+NMLS #374739 · Jason J. Sarji NMLS #374700Fort Lauderdale, FL