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<quote reply>You still have some monthly housing expenses. You may not owe a mortgage, but you still need to pay property taxes, utilities, repair and upkeep costs, etc, etc.<end quote>

Yes, but I would have utilites either way, property taxes really aren't that much (to me, anyway) and repair and upkeep I've done on rentals, to keep them at my (rather than the landlord's) standards.

<quote reply>Because buying a house generally costs more than renting the same thing. This is particularly noticable when it comes to upfront costs, where you might have to make a 20% downpayment, pay closing costs, points, etc. <end quote>

Most of the research I've been doing seems to indicate that owning a unit similar to what I live in now would be cheaper than renting. Even with the fees/costs, I still seem to come out ahead buying -and mind you that I'd really rather rent (long, weird reasons) but my calculator keeps talking me out of it.

Honestly, I plan to pay for the thing outright, rather than take out a mortgage, because I have a personal dislike of paying interest on, well, anything. This will lower my overall cost, I think, since I avoid many fees and interest.

Thanks for your reply.

Tresa
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