Yiyalo ati awọn yiyan ile · Ẹkọ 2 ti 2
Rent or Buy? Compare the Real Costs
A DC-area worked example that compares renting at $2,000 a month with buying a $320,000 condo, including the costs first-time buyers often miss and why the number of years you stay matters.
Ti pari lori ẹrọ yii
Awọn apakan ti ẹkọ yii ko ti tumọ si ede rẹ sibẹsibẹ, nitorinaa wọn han ni ede Gẹẹsi.
Ninu ẹkọ yii
Ohun tí wàá kọ́
- List the monthly and one-time costs of owning a home and compare them with renting.
- Use a worked example to compare the total cost of renting and buying over several years.
- Explain why the number of years you plan to stay changes the answer.
- Use a readiness checklist to decide whether to start preparing to buy.
Bawo ni eyi ṣe sopọ si awọn kilasi wa: Our class covers housing needs and wants, the choice between renting and buying, and what you can afford. This lesson adds a DC-area worked example over five years, the costs first-time buyers often miss, a break-even table, and a readiness checklist.
Awọn ọrọ lati mọ
- Ipò ati iwulo (Principal and interest)
- Awọn ẹya meji ti isanwo awin kan. Oludari san owo ti o yawo. Iwulo jẹ ohun ti ayanilowo gba agbara fun ọ lati yawo.
- Condo tabi HOA ọya (Condo or HOA fee)
- Ọya oṣooṣu ti condo tabi awọn ọmọ ẹgbẹ ẹgbẹ onile san fun awọn idiyele ti o pin, gẹgẹbi awọn atunṣe ile, awọn agbegbe ti o wọpọ, ati nigbakan omi tabi idọti.
- Iṣeduro Iṣeduro Aladani (PMI) (Private mortgage insurance (PMI))
- Insurance ti o le ni lati san fun nigba ti o ba fi kere ju 20% si isalẹ lori a mora loan. O dabobo awọn ayanilowo, ko o.
- Awọn idiyele pipade (Closing costs)
- Awọn owo ti o san lati pari rira ile kan, gẹgẹbi awọn idiyele ayanilowo, igbelewọn, iṣeduro akọle, owo-ori ijọba, ati owo-ori ohun-ini ti a ti sanwo tẹlẹ ati iṣeduro.
- Inifura (Equity)
- Apakan ti ile rẹ ti o ni. O jẹ iye ile naa iyokuro ohun ti o tun jẹ gbese lori awin naa.
- Break-even point
- Ni akoko kanna, iye owo ti o wa ni isalẹ yoo dinku ju iye owo ti o wa ni isalẹ.
- Isanwo isalẹ (Down payment)
- Apakan ti idiyele ile ti o san ni owo ni ibẹrẹ. O ya iyoku pẹlu awin kan.
- Itemize
- Lati ṣe atokọ awọn idiyele kan, gẹgẹbi iwulo awin ati owo-ori ohun-ini, lori ipadabọ owo-ori apapo rẹ lati dinku owo-ori ti o san owo-ori lori. O ṣe eyi dipo ki o gba iyọkuro deede.
The full cost of owning a home
Many people compare their rent with a mortgage payment. That is not a fair comparison. A homeowner pays many costs that a renter does not:
- Principal and interest: the loan payment itself.
- Property tax: in DC, most homes are taxed at $0.85 for every $100 of assessed value each year. The assessed value is what the city or county says your home is worth for tax purposes. DC's homestead deduction lowers the tax for owners who live in the home. In Maryland and Virginia, the rate depends on the county or city where the home is.
- Homeowners or condo insurance: covers your home and belongings.
- Condo or HOA fee: this can go up over time. A condo association can also charge a one-time "special assessment" for a big repair, like a new roof.
- Private mortgage insurance (PMI): often required if you put less than 20% down on a conventional loan. A conventional loan is a regular mortgage that the government does not back. An FHA loan is backed by the Federal Housing Administration and lets you put down as little as 3.5%, but you pay mortgage insurance.
- Repairs and upkeep: when the water heater breaks, there is no landlord to call. Save for this every month.
Apẹẹrẹ
Monthly cost: renting vs. buying a condo in DC
Kwame and Ama rent a one-bedroom apartment in Brookland, in Northeast DC, for $2,000 a month. They are looking at a one-bedroom condo nearby for $320,000. They would put 5% down and borrow $304,000 for 30 years at a fixed rate of 7%. With a fixed rate, the interest rate and the loan payment stay the same for the whole loan. With an adjustable rate, they can change later. That is close to the average 30-year rate in Freddie Mac's weekly survey in late September 2026, which was 7.03% on September 24. Your rate may be higher or lower.
| Monthly cost | Rent | Buy |
|---|---|---|
| Rent | $2,000 | $0 |
| Renter's insurance | $15 | $0 |
| Principal and interest (7%, 30 years) | $0 | $2,023 |
| Property tax ($0.85 per $100, before any homestead deduction) | $0 | $227 |
| Condo fee | $0 | $450 |
| Condo owner's insurance | $0 | $30 |
| PMI | $0 | $125 |
| Savings for repairs | $0 | $100 |
| Total each month | $2,015 | $2,955 |
$320,000 × $0.85 ÷ $100 = $2,720 a year, or about $227 a month
In the first year, owning costs about $940 more each month than renting. The condo fee, insurance, PMI, and repair numbers are examples. Ask for the real condo fee and get insurance quotes for any home you consider.
Owo ti o nilo ṣaaju ki o to gba awọn bọtini
Rira tun gba owo pupọ ni ibẹrẹ. Ninu apẹẹrẹ, Kwame ati Ama nilo:
- Isanwo isalẹ: 5% ti $ 320,000 jẹ $ 16,000.
- Awọn idiyele pipade: nipa $ 9,000 ninu apẹẹrẹ yii. Ayanilowo rẹ gbọdọ fun ọ ni iṣiro awin laarin awọn ọjọ iṣowo mẹta lẹhin ti o lo. O fihan awọn idiyele pipade gidi rẹ.
- Gbigbe ati awọn atunṣe ni kutukutu tabi aga: nipa $ 2,000.
$ 16,000 + $ 9,000 + $ 2,000 = $ 27,000 ṣaaju ọjọ gbigbe-ni
Wọn yẹ ki o tun tọju owo pajawiri lẹhin ti wọn san gbogbo eyi. Awọn eto ni DC, Maryland, ati Virginia le ṣe iranlọwọ fun awọn ti onra akoko akọkọ pẹlu isanwo isalẹ ati awọn idiyele pipade. Wo ẹkọ wa lori iranlọwọ isanwo isalẹ.
Nipa ofin, o le beere lọwọ olutọju awin rẹ ni kikọ lati fagilee PMI nigbati iwọntunwọnsi awin rẹ ba ṣeto lati de ọdọ 80% ti iye atilẹba ti ile, ti o ba pade awọn ipo kan, gẹgẹbi igbasilẹ isanwo to dara. Ni apẹẹrẹ, eyi gba to ọdun 11.
Apẹẹrẹ
Ọdun marun lẹhinna: kini yiyan kọọkan jẹ?
Bayi fojuinu Kwame ati Ama gbọdọ gbe lẹhin ọdun marun. A ro pe iyalo lọ soke 3% ni ọdun kan, awọn idiyele oniwun miiran ju isanwo awin ati PMI lọ soke 3% ni ọdun kan, iye kondomu lọ soke 3% ni ọdun kan, ati awọn idiyele tita jẹ 6% ti idiyele tita.
Yiyalo: $ 127,419 iyalo + $ 900 iṣeduro alagbaṣe = $ 128,319
| Ohun kan | Iye |
|---|---|
| Owo ni ibẹrẹ | $ 27,000 |
| Iye owo oṣooṣu fun awọn oṣu 60 | $ 180,265 |
| Lapapọ sanwo | $ 207,265 |
| Iye owo tita lẹhin ọdun marun | $ 370,968 |
| Ýòà ñóììà íàõîäèòñÿ íà ñóììó (6%) | - $ 22,258 |
| Iyokuro iwontunwonsi awin ti a san ni tita | - $ 286,160 |
| Owo pada ni tita | $ 62,550 |
| Iye owo ti rira ($ 207,265 - $ 62,550) | $ 144,715 |
Ni ọdun marun, yiyalo jẹ $ 16,396 kere si. Kí nìdí? Ni ọdun marun akọkọ, Kwame ati Ama san $ 121,351 ni ipò ati anfani, ṣugbọn $ 103,511 ti iyẹn jẹ anfani. Nikan $ 17,840 san awin naa.
Ti iye condo ko ba lọ soke rara, owo pada ni tita jẹ $ 14,640 nikan, ati iye owo apapọ ti rira dide si $ 192,625. Awọn idiyele ile le duro alapin tabi paapaa ṣubu. Pẹlupẹlu, awọn ayalegbe tọju $ 27,000 wọn ati lo kere si ni oṣu kọọkan. Ti wọn ba fi owo yẹn pamọ, yiyalo dabi ẹni ti o dara julọ ninu apẹẹrẹ yii.
成语读音:wú yǒu yī gè
Awọn idiyele akoko kan ti rira ati tita ti tan kaakiri lori awọn ọdun ti o duro. Bi o ṣe pẹ to, awọn idiyele wọnyi kere julọ fun ọdun kọọkan. O tun san diẹ sii ti awin ni ọdun kọọkan. Eyi ni apẹẹrẹ kanna lori awọn gigun oriṣiriṣi, ti iye condo ba lọ soke 3% ni ọdun kan.
| Awọn ọdun | Yiyalo | Ifẹ si | Ewo ni iye owo ti o kere ju? |
|---|---|---|---|
| 3 | $ 74,722 | $ 99,601 | Yiyalo, nipasẹ $ 24,879 |
| 5 | $ 128,319 | $ 144,715 | Yiyalo, nipasẹ $ 16,396 |
| 7 | $ 185,159 | $ 188,737 | Yiyalo, nipasẹ $ 3,578 |
| 8 | $ 214,856 | $ 210,285 | Ra nipasẹ $ 4,571 |
| 10 | $ 276,933 | $ 252,338 | Ra nipasẹ $ 24,595 |
Ni apẹẹrẹ yii, aaye fifọ-paapaa wa ni ọdun 8. Pẹlu awọn idiyele oriṣiriṣi, awọn oṣuwọn, tabi awọn idiyele, o le wa laipẹ tabi pupọ nigbamii. Ti iye ile ba wa ni alapin, rira jẹ idiyele diẹ sii ju yiyalo fun gbogbo ọdun mẹwa.
Diẹ ninu awọn oniwun le yọkuro iwulo awin ati owo-ori ohun-ini lori ipadabọ owo-ori apapo wọn, ṣugbọn nikan ti wọn ba ṣe apejuwe awọn iyọkuro. Ọpọlọpọ eniyan gba iyọkuro boṣewa dipo, nitorinaa wọn ko gba awọn ifowopamọ owo-ori afikun. Oluyọọda owo-ori ọfẹ le sọ fun ọ ohun ti o kan si ọ.
Ṣọ́ra
Awọn ohun elo ti o wọpọ ni ọna lati ra
- "Sanwo iyalo jẹ egbin owo." Iyalo sanwo fun ibi lati gbe ati ominira lati gbe. Ni awọn ọdun ibẹrẹ, pupọ julọ ti isanwo awin jẹ anfani, eyiti o tun ko gba pada.
- Yiyalo-si-ara tabi awọn adehun "yiyalo-ra". O le san afikun ni oṣu kọọkan lati ra ile nigbamii. Ti o ba padanu isanwo kan tabi ko le gba awin ni akoko, o le padanu gbogbo owo afikun yẹn. Diẹ ninu awọn adehun wọnyi tun jẹ ki o sanwo fun awọn atunṣe. Jẹ ki onimọran ile tabi agbẹjọro ṣe atunyẹwo eyikeyi adehun ṣaaju ki o to fowo si. Ni DC, o le ṣe ijabọ awọn adehun aiṣedeede si Ọfiisi ti Attorney General.
- Ifẹ si ile ti o gbowolori julọ ti ayanilowo fọwọsi. Ifọwọsi ayanilowo kii ṣe isuna. Rii daju pe iye owo oṣooṣu ni kikun jẹ ki o fipamọ ni oṣu kọọkan.
- Skipping awọn iwe condo Ṣaaju ki o to ra condo kan, beere fun isuna ajọṣepọ, awọn ifowopamọ rẹ fun awọn atunṣe, ati eyikeyi awọn igbelewọn pataki ti a gbero.
Ni ikọja owo, ati akosile imurasilẹ
Owo kii ṣe ibeere nikan. Ronu nipa:
- Ni irọrun: Awọn ayalegbe le gbe ni rọọrun fun iṣẹ tuntun tabi awọn aini ẹbi.
- Iduroṣinṣin: awọn oniwun ti o tọju pẹlu awin ṣakoso ile wọn ati pe a ko le sọ fun wọn lati lọ kuro nigbati yiyalo ba pari.
- Commute: a din owo ile jina lati ise tabi Metro le na diẹ ẹ sii ni akoko, gaasi, ati owo.
- Awọn ile-iwe: ni DC ati awọn agbegbe ti o wa nitosi, adirẹsi rẹ maa n pinnu ile-iwe gbangba ti a pinnu.
- Akoko ati iṣẹ: awọn oniwun mu tabi sanwo fun gbogbo atunṣe.
Ṣayẹwo apoti kọọkan ti o jẹ otitọ fun ọ:
- A gbero lati duro ni agbegbe naa fun ọpọlọpọ ọdun. Ninu apẹẹrẹ wa, rira bẹrẹ si ni iye owo kekere nikan ni ọdun 8.
- A ni owo fun isanwo, awọn idiyele pipade, ati gbigbe, ati pe a yoo tun ni owo pajawiri lẹhin ti a ra.
- Owo oya wa ni iduroṣinṣin. Awọn ayanilowo nigbagbogbo wo ọdun meji to kẹhin ti itan-akọọlẹ iṣẹ. Ti a ba jẹ oṣiṣẹ ti ara ẹni tabi sanwo ni owo, awọn ipadabọ owo-ori wa fihan owo-ori naa.
- A ṣayẹwo awọn ijabọ kirẹditi wa lati gbogbo awọn ile-iṣẹ kirẹditi mẹta fun ọfẹ ni AnnualCreditReport.com ati ṣatunṣe eyikeyi awọn aṣiṣe.
- A le san owo oṣooṣu ni kikun, kii ṣe awin nikan, ati tun fipamọ ni oṣu kọọkan.
- Awọn sisanwo gbese oṣooṣu wa jẹ kekere. Wo ẹkọ wa lori gbigba awin lati kọ ẹkọ bi awọn ayanilowo ṣe wiwọn eyi.
- A pade pẹlu oludamọran ile ti a fọwọsi HUD tabi mu kilasi ẹkọ ile.
Ko si nọmba Aabo Awujọ? Ọpọlọpọ awọn eto awin boṣewa, pẹlu awọn awin FHA, nilo ọkan. Lati Oṣu Karun ọdun 2025, awọn awin FHA tun jẹ fun awọn ara ilu AMẸRIKA nikan, awọn olugbe ti o wa titi labẹ ofin (awọn ti o ni kaadi alawọ ewe), ati awọn ẹgbẹ kekere miiran. Diẹ ninu awọn bèbe, awọn ẹgbẹ kirẹditi, ati awọn ayanilowo agbegbe nfunni awọn awin si awọn ayanilowo pẹlu ITIN. Onimọran ile le ṣe iranlọwọ fun ọ lati wa wọn.
Sample
Bẹrẹ pẹlu olutaja kan, kii ṣe olutaja
Oludamọran ile ti a fọwọsi HUD ṣiṣẹ fun alailẹgbẹ tabi ibẹwẹ gbangba, kii ṣe fun ayanilowo tabi olutaja kan. Oludamoran kan le lọ lori isuna rẹ, kirẹditi, ati awọn ifowopamọ, ati pe o le sọ fun ọ nipa awọn eto olura akoko akọkọ ni DC, Maryland, tabi Virginia. Ọpọlọpọ awọn eto iranlọwọ isanwo isalẹ nilo kilasi ẹkọ ile, ati awọn alamọran nigbagbogbo kọ ọkan. Wa nipasẹ koodu ZIP pẹlu oluwadi oludamoran ile CFPB.
Ti o ba padanu diẹ ninu awọn apoti lori atokọ naa, iyẹn jẹ deede. Lo awọn ọdun rẹ ti yiyalo lati fipamọ, kọ kirẹditi rẹ, ati san gbese. Lẹhinna ṣayẹwo atokọ naa lẹẹkansi ni ọdun to nbo.
Awọn bọtini takeaways
- The mortgage payment is only part of the cost. Add property tax, insurance, condo or HOA fees, mortgage insurance, and repairs.
- Buying has large one-time costs, and selling a home costs money too. That is why a short stay usually favors renting.
- In our example, renting cost less for each of the first seven years. Buying cost less only after that, and only because the home's value went up.
- In the first years of a mortgage, most of each payment goes to interest, so you build equity slowly.
- Before you decide, meet with a HUD-approved housing counselor. The help is often free or low cost.
Ṣayẹwo oye rẹ
Dahun awọn ibeere, lẹhinna yan Ṣayẹwo awọn idahun mi. Gba 4 ti ẹtọ 5 lati pari ẹkọ yii. Eyi jẹ adaṣe: ko si opin akoko, ati pe a ko tọju awọn idahun rẹ.
Lọ siwaju
Awọn oju opo wẹẹbu ti o gbẹkẹle nibi ti o ti le ni imọ siwaju sii. Awọn ọna asopọ wọnyi lọ si awọn oju opo wẹẹbu miiran ti Dollar Scholars ko ṣiṣẹ.
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Ra ile kan: awọn irinṣẹ ati awọn irinṣẹ fun awọn oniṣowo ile (oju opo wẹẹbu miiran)
Awọn itọsọna igbesẹ-nipasẹ-igbesẹ si ngbaradi lati ra, ṣe afiwe awọn ipese awin ati agbọye iṣiro awin rẹ ati awọn iwe pipade.
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Wa oludamoran ile kan (oju opo wẹẹbu miiran)
Wa nipasẹ koodu ZIP fun awọn alamọran ile ti a fọwọsi HUD ti o ṣe iranlọwọ pẹlu rira, yiyalo, ati kirẹditi, nigbagbogbo ni kekere tabi ko si idiyele.
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Awọn oṣuwọn owo-ori ohun-ini gidi (oju opo wẹẹbu miiran)
Awọn oṣuwọn owo-ori ohun-ini lọwọlọwọ ti DC, nitorinaa o le ṣe iṣiro owo-ori lori ile ti o n ronu lati ra.
Ẹkọ yii jẹ ẹkọ owo gbogbogbo, kii ṣe ofin, owo-ori, tabi imọran owo. Awọn ofin ati awọn iye yipada, nitorinaa ṣayẹwo awọn nọmba pataki pẹlu orisun osise.