Buy or Rent Model 3.0

The latest model allows for interest-only mortgages

Is buying or renting more economical?

Few personal financial decisions are more important—and more complex— than whether to buy or rent your home. The answer depends on dozens of factors, and you can’t reason your way to it. You have to model it.

When I was considering buying a home in 2017, I went looking for a good and user-friendly ‘buy or rent’ model…