Buying vs. Leasing
|
Buying/Leasing
Comparison |
|
|
|
Monthly Payment
Based on 80% Down Payment |
|
|
Size
|
Price
|
Monthly P&I
Payment
|
Principle Reduction
per month
|
Interest
Paid per month |
|
15x30
|
$24,300 |
$158.84 |
$71.52 |
$87.32 |
|
15x40
|
$32,400 |
$211.79 |
$95.37 |
$116.42 |
|
15x70 |
$56,700 |
$370.63 |
$166.89 |
$203.74 |
|
*10x15 n/c |
$8,950 |
$58.50 |
$26.34 |
$32.15 |
|
*15x15 n/c |
$13,425 |
$87.75 |
$39.51 |
$48.82 |
|
*10x10c/c |
$9,850 |
$64.39 |
$28.99 |
$35.39 |
|
*10x15c/c |
$14,700 |
$96.09 |
$43.27 |
$52.82 |
What does it cost to rent compared to owning?
Monthly P & I
Section is your monthly principle and interest payment
The Principle
Reduction Section = money paid back to you
The
Interest Paid Section is what it costs you to own that unit
What does it cost you
to rent the same size?
*Mini
Storage Climate and Non Climate Controlled
 Toy Box
Storage Condominiums is conveniently located off Hwy 90 on Albertson Parkway in
Broussard, Louisiana just minutes from Lafayette.
Call us today at 337-288-0162 to reserve your unit |