Some simple math can help you decide whether to rent or buy your next home

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It's all about how long you plan to stay in your home

When buying a home, typical agent commissions are 6% of the home's value, which can be a four- or five-figure expense. Moving to a new home often requires hiring movers or a moving truck rental, amongst other costs to get settled. Visit Business Insider's homepage for more stories. Homeownership is a great feeling, but sometimes the numbers just don't make sense.

When buying a home, typical agent commissions are 6% of the home's value, which can be a four- or five-figure expense. Moving to a new home often requires hiring movers or a moving truck rental, amongst other costs to get settled. Visit Business Insider's homepage for more stories. Homeownership is a great feeling, but sometimes the numbers just don't make sense.

 

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