The age old question… Can I afford to buy a house or should I continue to rent?

So start off with the basic information you need.
•How much do you currently pay in rent?
•How much house can I afford?
•What kind of interest rate can I get on a Mortgage?
•How long would I live in this house?

The first one should be easy. The second one can be tricky. If you don’t know how much house you can afford, you can read my post here. It will help you to get a ball park idea of what you can afford. If you don’t like crunching numbers, shoot me a text or email and I will put you in contact with a good mortgage lender who will do the job in a few minutes over the phone!

The last question is going to be different for everyone. It depends on what stage of life you are, whether you will get relocated for work and a million other things, so you kind of have to make an educated guess for yourself. The National Association of Builders found that the average first time homeowner lives in their home for 13 years. Non first time homeowners were found to live in their home for an average of 16 years.

Here is a simple calculator from Trulia that you can use to compare the cost of renting versus buying.

When you figure out your target home price, you can look for homes in your target area and price range on my website.

Call/Text me at 563.249.9170 or email me at if you have any questions!