Your Pathway to Qualification
Many renters want to become homeowners, but the path to getting there isn’t always clear. My Pathway to Qualification program is designed to guide first-time buyers in Sandy and across the Salt Lake Valley, helping you understand where you stand and what steps you can take to prepare for homeownership.
There’s no commitment or obligation to buy. This program is all about creating a personalized plan, no matter how long the journey takes. Schedule a time with me to start today, or call or text me at 801-674-6554.
Michelle Schmidt, REALTOR® | Ivie Avenue Real Estate
Rent vs. Buy Calculator (10-Year Comparison)
10-Year Comparison Results
Net Cost of Renting (10 Yrs)
Net Cost of Owning (10 Yrs - PITI + Maint)
Home Equity Gain (10 Yrs)
(Appreciation + Principal Paid)
Total Appreciation (10 Yrs)
Total Principal Paid (10 Yrs)
Potential Tax Deductions (10 Yrs)
(Interest + Property Tax Paid)
10-Year Financial Advantage of Buying
This estimates the difference in net worth change after 10 years (Equity Gain + Tax Deductions - Total Owning Costs + Total Rent Costs). A positive value favors buying.