Smart Feature:

Rent-or-Buy Analyzer

Fast and free, this online analyzer will tell you right now whether or not it makes financial sense to continue renting.

How much home could your rent buy?

If you can afford to rent, chances are you can afford to buy your own home. Start building equity for your future, and not for someone else's benefit. Consider how much mortgage you could afford given the current amount of rent you are paying:

Current Rate Comparable Mortgage* $1,250 » $187,726 $1,500 » $235,100 $1,750 » $283,475 $2,000 » $331,850

Try our online Rent-or-Buy Analyzer to see how much you can afford before you start house shopping. We can offer up to 120 day rate holds. Contact a Smart Mortgage specialist today.

Five reasons why you can BUY and not RENT your home:

1. Monthly mortgage payments may be similar to your rent.
2. You can buy with zero downpayment.
3. Reducd monthly payment options are available.
4. Past credit problems can be addressed.
5. Income verification is not always required.

Your home is an appreciating asset. Start building equity now, for you, not for someone else.

*Assumes a 40-year amortization; 5-year term at 5.3%. Rate OAC and subject to change. Assumes zero down with insurance premium of 3.70%. Based on mortgage payment plus heat and property taxes of $285 per month.