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Build the real monthly cost of owning: loan payment, property taxes, homeowners insurance, and mortgage insurance if your loan requires it.
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Set money aside for repairs. When the water heater quits, it's just you and a guy named Steve on the internet.
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Ask how long you'll stay. Owning usually makes more sense the longer you stay.
Thinking about buying? Let's do the math together.
Reply PLAN to my email or text, or request it here. I'll build you a free game plan: homes in your range, the costs to budget for, and what to save. Want real loan numbers? I'll connect you with a local lender I trust, no strings.
Comparing rent to a mortgage payment is only half the math. The other half surprises people.
Travis Wright here, with eXp Realty. Here's a free tip. Before you compare, build your real monthly cost of owning. Start with the loan payment. Add property taxes and homeowners insurance. Add mortgage insurance if your loan requires it. Then set money aside every month for repairs, because when the water heater quits, there's no landlord to call. It's just you and a guy named Steve on the internet.
Now compare that full number to your rent. Then ask one more question. How long will you stay? Owning usually makes more sense the longer you stay, because you spread out the costs of buying and selling.
Want help with the math? Reply with the word PLAN, and I'll build you a free rent versus own game plan. Want real loan numbers? I'll connect you with a local lender I trust. No strings.
Rather just talk? Text me at (580) 647-0915
Travis Wright with eXp Realty
I help buyers and sellers in Lawton and the surrounding area with straight answers, honest price ranges, and zero pressure. Ask me anything. Seriously, I like questions.
OK License #206164 · 1146 NW Cache Rd, Lawton, OK · (580) 647-0915
Frequently Asked Questions
What costs should I include when comparing rent to owning?
The loan payment, property taxes, homeowners insurance, mortgage insurance if your loan requires it, and money set aside for repairs.
Does how long I stay matter?
Yes. Owning usually makes more sense the longer you stay, because the costs of buying and selling get spread out over more time.