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“Renting is a waste of money” 🤦‍♂️ But that’s not always true. Here’s a scenario using real world data: In 1994, two people started with the same $30,000. One used it as a down payment on a ~$130,000 home with an 8% mortgage. The other rented a place for ~$825 a month and invested the same $30,000 in the stock market — plus about $250 a month from the money they saved on homeownership costs like property taxes, maintenance, and insurance. Thirty years later, the homeowner’s house is worth about
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There are many steps to consider when becoming a homeowner. Financial Educator, Tina Herndon, helps break down the process in the video below. | Tinker Federal Credit Union | Facebook
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Kansas Homeowner Assistance Fund | Kansas Housing Resources Corporation
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Got a mortgage? You might be sitting on thousands in home equity. Use it to renovate, invest, or fund big goals—without selling your home. You could access up to 80% through refinancing. Want to know how much equity you’ve got? Get in touch—I’ll check it for free. #HomeEquity #MortgageTips #Refinancing #PropertyInvestment #FinancialFreedom #HomeOwner #InvestInYourFuture #SmartFinances #WealthBuilding #PropertyGoals #MortgageBroker
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