Homeownership Resources

We Believe That Homeownership is an Achievement

Buying a home is one of the largest investments a person can make in their lifetime. It takes time, perseverance, and sacrifice. If you’ve bought a home or plan to do so, you know what we’re talking about!

Since its inception, Home Ownership Matters has been used by millions of current and future homeowners to learn about and take action on policies that impact homeowners and homeownership in general.

 

Why Homeownership Matters

EQUITY BUILDUP

Owning a home is a good investment

TAX INCENTIVES

Mortgage Interest and Real Estate Property Tax Deductions are a financial benefit

NEIGHBORHOOD PRIDE

Homeowners form the bedrock of successful communities
  

Learn More

Source: National Association of REALTORS®

Payment Calculators

Rent or Buy Calculator

Should you buy or rent? This is a question most of us will likely face in our lives, whether buying a house makes more financial sense than renting a home. There is a way to understand the financial impact of buying vs. renting. The realtor.com® rent vs. buy calculator can help you calculate the net cost of buying a home versus the cost of renting over time. 

Net costs compare the total amount of money you would be spending over time, minus the potential value you might receive if you someday sell the property. View the interactive graph and see what this looks like at different times, and how it compares if you were instead paying rent. From the tool, you'll see that the amount of time you plan on keeping the home has a major impact. To get more personal, you can customize the advanced options to crunch more specific numbers and evaluate more specific scenarios. But keep in mind that a financial comparison is just one of many factors when deciding whether to rent or buy.

Access Rent or Buy Calculator

Mortgage Calculator

Use this mortgage calculator to calculate your monthly mortgage payments quickly and easily. Enter your home location and the desired home price in the fields below. In seconds, you will have an estimate of your monthly house payment.

Access Mortgage Calculator

Source: Realtor.com

Your home loan toolkit: a step by step guide

This booklet is a toolkit that can help you make better choices along your path to owning a home.

The booklet will help you:

  • Know the most important steps to take to get the best mortgage for your situation
  • Understand your closing costs and what it takes to buy a home
  • Understand how to be a successful homeowner

Download the booklet 

Source: Consumer Financial Protection Bureau

 

Helpful Consumer Resources

Take a look at some valuable resources that assist in a variety of consumers' needs and questions.

Environmental Safety Links

 

Consumers