Recommended background readings are How Much House Can You Afford?; How Much House Should You Buy?; Rent or Buy? A Simpler Approach: and Developing a Lease-to-Own Market.
Housing Affordability Calculator.
For borrowers trying to figure out whether they
can afford a given-priced house.
Down Payment Calculator: Small Down Payment Now or Larger One Later.
For borrowers trying to
decide whether they will be better off buying a home now with a small or no
down payment, or saving for a larger down payment and buying later. This is
often described as "rent versus buy".
Lease-to-Own Calculator,
For home seller/investors who expect to realize more from
the sale of their home by offering an option to purchase to
a hopeful buyer than from an immediate sale.
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