We have developed analytical systems to evaluate your mortgage needs and to assist you in determining the best mortgage for your needs based on qualifications, mortgage retention time, initial cost, cash flow, taxes, and the overall total cost of the mortgage. (joemetzler.com)
In 2013, a new rule took effect that essentially increases the total cost of mortgage insurance on FHA loans. (homebuyinginstitute.com)
Ultimately, you'll want to do your own calculations, comparing the total cost of the mortgage (including closing costs) against the cost of renting in your area, to determine how long you would need to stay in your home. (pennymacusa.com)