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Mortgage Glossary

Interest Rate

The amount of your estimated total savings from buying instead of renting, invested at a rate of 8% for the number of years you plan to own your home. See our Rent vs. Buy Calculator to compute your estimated savings.

Investment-Related Savings

The amount of your estimated total savings from buying instead of renting, invested at a rate of 8% for the number of years you plan to own your home. See our Rent vs. Buy Calculator to compute your estimated savings.

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