# RENT vs. OWN in North Carolina: Let's Look at Iredell County 🏡 A 2-bedroom r...
Canonical: https://social-archive.org/richeddy/9MHOyK9Azg
Original URL: https://www.facebook.com/photo/?fbid=10246344320807224&set=a.1576281412291
Author: Karyn L McAlpin
Platform: facebook
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## Content
RENT vs. OWN in North Carolina: Let's Look at Iredell County 🏡 A 2-bedroom rental can easily cost $1,300–$1,700+ per month in our area. And after 5 years? That's roughly $80,000–$104,000 in rent payments. Buying a home may cost more each month, but part of the mortgage payment goes toward principal and building equity in something you own. The question isn't simply: “Is my mortgage payment cheaper than rent?” The better question may be: “Where do I want to be financially 5 years from now?” You don't need 20% down to buy a home, and there may be programs available that can help with down payment and closing costs. Let's run the numbers for YOUR situation and see which option makes sense. Karyn McAlpin | Movement Mortgage | NMLS 505392 #buyingahome #Investing #fyp #Mortgage #karynmcalpin Karyn McAlpin - NMLS 505392
## Media
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