My dad is buying a house for $350,000 with a 30 year loan. $30,000 down payment with a 2.8% loan
He has a house that will net him (after fees) about $1,000 a month.
What is the math to figure out if he should RENT the house and use that $1,000 a month to pay down the mortgage OR sell the house for $220K for a down payment of
what does the math look like or where can i find a calculator for that?
Read more: How to calculate if it's better to rent 2nd house or sell for immediate payment of loan?
