There are many advantages to buying a home versus renting one. View these advantages in the Buy vs. Rent Comparison Chart:
http://www.ginniemae.gov/rent_vs_buy/rent_vs_buy_calc.asp?section+YPTH
Your income, savings and monthly expenses play an important role in determining how large amortgage you can afford. to figure out the amount you can afford, please check affordability: http://www.ginniemae.gov/2_prequal/intro_questions.asp?section+YPTH
If you are thinking of buying a home this is a great time to do so. Give Billings Real Estate Professionals a call for all your real estate needs.
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