Owning a home is more financially advantageous than renting as it provides stability, security, and long-term financial benefits. Building equity with each mortgage payment, fixed monthly costs, tax benefits, and the security and stability of not being subject to rent increases or evictions are all benefits of homeownership. Low down payment options are also available, making homeownership more accessible. It may require a larger upfront investment, but the long-term financial benefits make it worth it.
fixed costs
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