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Home > Mortgage Loans

Mortgage Loans

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Finding solutions for your Mortgage Loan needs!

AR Mortgage & Taxes, LLC

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Buying Vs Renting a Home

Buy Rent
Purchase price/Rent $176,000.00 $1,250.00/month
Rate 4.75 -
APR 4.877% -
Term 30 year -
Loan Amount $167,200.00 0
Down Payment $8,800.00 $1,875.00
P&I $872.19 -
Tax/Insurance* $377.81 -
Total monthly payment $1,250.00 $1,250.00
Total payment after 3 years $45,000 $45,000
Equity after 3 years $17,628.08 0
*taxes and insurance will vary with each loan
Purchasing Advantages:
  • Ownership may build equity
  • Tax deduction of Mortgage interest
Renting Disadvantages:
  • No tax benefits or equity gains
  • No control over rent increases

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843-937-9018

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1072 King Street
Charleston, SC 29403

P: 843-937-9018 | Fx: (843) 937-9220 | andrea.rhodan@rhodanagency.com
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