Should I buy a home vs renting with inflation

DDA Mortgage • June 13, 2022

Buying A Home Vs Renting A Home In An Inflationary Market


In an inflationary market, buying a home is usually better than renting. Here's why:


Inflation is not transitory, it is going up, but for homeowners, their mortgage principal and interest payments will never change. Renters on the other hand will see rent increase with inflation. It doesn't matter if you are renting a house or apartment, your rent will go up.



Mortgage Expense And Your Budget


Most renters understand this concept; however, they believe mortgages are more expensive and they can't afford one.


In general, this isn't true. However, you do need to compare your rent payment to your potential future mortgage payment. The monthly payment on a mortgage is usually lower than the monthly rent payment for the same house or apartment, but not always. Try our mortgage calculator to see if your payments will be higher or lower, and compare your potential mortgage payments to your rent.

www.mlcalc.com



The Impact Of Interest Rates


Another common misconception, we hear is, "interest rates have gone up. I want to wait until they drop to lock in my rate." In reality, you can buy now, and when the rates drop, you can refinance your home at a lower rate.


For example, hypothetically, let's say you buy today at a higher rate. Over the next three years, you build equity, save money compared to the rent you would have paid, and own your home. Then rates goes down significantly. You are missing out on a lower payment. That is, until you refinance.


A lot of people don't realize that you don't have to stay locked into the higher rate. If rates go lower, you can simply get a new loan.



Personalized Analysis And Results


Everyone's situation is different. And we are the first to admit, that renting might be the better option for you. But, wouldn't you like to know? You can run the calculations yourself, or you can let us do it for you.


There is no obligation to start the lending processes. Just an obligation to yourself to figure out what's best for you.


Get a rent vs buy analysis today! Complete the form below and one of our advisors will reach out to you.


Or, give us a call at (727) 784-5555 and we will be happy to answer all of your questions. 


didier malagies nmls#212566

dda mortgage nmls#324329


Rent Vs Buy Analysis



Start Your Loan with DDA today
Your local Mortgage Broker

Mortgage Broker Largo
See our Reviews

Looking for more details? Listen to our extended podcast! 

Check out our other helpful videos to learn more about credit and residential mortgages.

What would the 50 year mortgage do for you

By Didier Malagies • November 10, 2025
✅ the principal you borrowed ✅ all interest paid over the years ❌ It does NOT include taxes, insurance, or HOA unless noted. Because longer terms spread payments out more slowly, they lower the monthly payment but massively increase total interest paid. Below is a simple example to show how total payments change by loan term. ✅ Example: $300,000 loan at 6% interest 15-Year Mortgage Monthly payment: ≈ $2,531 Total paid: ≈ $455,682 Total interest: ≈ $155,682 30-Year Mortgage Monthly payment: ≈ $1,799 Total paid: ≈ $647,514 Total interest: ≈ $347,514 40-Year Mortgage Monthly payment: ≈ $1,650 Total paid: ≈ $792,089 Total interest: ≈ $492,089 50-Year Mortgage Monthly payment: ≈ $1,595 Didier Malagies nmls212566 DDA Mortgage nmls32432 Total paid: ≈ $956,140 Total interest: ≈ $656,140 ✅ Summary: Total Payments by Loan Term Term Monthly Payment Total Paid Over Life Total Interest 15-Year ~$2,531 $455,682 $155,682 30-Year ~$1,799 $647,514 $347,514 40-Year ~$1,650 $792,089 $492,089 50-Year ~$1,595 $956,140 $656,140 ✅ Key Takeaway A longer mortgage = lower payment, but the total paid skyrockets because interest accrues for decades longer. tune in and learn https://www.ddamortgage.com/blog didier malagies nmls#212566 dda mortgage nmls#324329

Will 6% interest rate create more activity for homebuyers

By Didier Malagies • November 5, 2025
This is a subtitle for your new post

My prediction for what is coming next

By Didier Malagies • November 3, 2025
Here are the main types of events that typically cause the 10-year yield to drop: Economic slowdown or recession signs Weak GDP, rising unemployment, or falling consumer spending make investors expect lower future interest rates. Example: A bad jobs report or slowing manufacturing data often pushes yields lower. Federal Reserve rate cuts (or expectations of cuts) If the Fed signals or actually cuts rates, long-term yields like the 10-year typically decline. Markets anticipate lower inflation and slower growth ahead. Financial market stress or geopolitical tension During crises (wars, banking issues, political instability), investors seek safety in Treasuries — pushing prices up and yields down. Lower inflation or deflation data When inflation slows more than expected, the “real” return on Treasuries looks more attractive, bringing yields down. Dovish Fed comments or data suggesting easing ahead Even before actual rate cuts, if the Fed hints it might ease policy, yields often fall in anticipation. tune in and learn https://www.ddamortgage.com/blog didier malagies nmls#212566 dda mortgage nmls#324329
Show More