💼 Should you stretch your budget to buy a home?

Finn

This view helps you weigh the financial impact of leaving a cheap rental to stretch your budget for a home. It covers all the major bases, including opportunity costs on your down payment, tax deductions, and maintenance, to give you a clear bottom-line recommendation. It doesn't have much over the original [Rent vs Buy](/heyfinfam/views/rent-vs-buy) aside from updated defaults tailored to this scenario, but it remains a highly effective tool. You'll want to keep in mind that the model omits the potential investment returns from monthly cash-flow differences, and uses a simplified average for inflation that slightly underestimates total costs over long periods.

Reviewed v26.7.6