Look at the amount of wealth you can gain by not paying your landlord's mortgage - even after just 5 years you could be ahead by over $80,000!
Loan and monthly payment buying scenarios used for informational purposes only and may not be specific to your situation. Rates expressed may not be available at this time. This document should not be construed as investment or mortgage advice or a commitment to lend. Your results may vary. There are no guarantees, promises, representations and/or assurances concerning the level of accuracy you may experience. For actual and current terms and rate information, please contact your lender directly. APR of 3.575% assumes a 3.125% simple fixed interest rate assuming $2,000 in fees included in APR. Monthly principal and interest payment based on a fully amortizing fixed interest loan of $300,000 with 360 monthly payments at the assumed simple interest rate. *Lender is not a tax consultation firm. Please seek advice from a tax professional. Monthly expenses may or may not include condominium or HOA fees, if applicable; your payment may be greater.