Rent or buy? Finding your break-even year
Rent is not throwing money away, and neither is mortgage interest. Compare the unrecoverable costs of each and find the year buying starts to pay off.
Topic · 2 stories
Debt and borrowing
Payoff strategies, interest maths and how loans and mortgages change the shape of a budget.
Avalanche or snowball? One household's debts, run both ways
We ran a fictional couple's three debts through both payoff methods, month by month. The gap was smaller than the online arguments suggest.