When you pay rent, you’re building equity in your landlord’s property. But when you pay on your home mortgage, you’re building equity in your own property. What’s more, you can deduct your mortgage interest and property tax payments on your income tax, saving you even more.

To help you evaluate the financial benefits of home ownership, we’ve done some of the work for you. The figures shown in our chart represent a typical situation in the Madison area. We can’t guarantee them, of course – lenders vary in their charges, as do interest rates, personal taxes, property taxes, insurance and appreciation. The following are meant to act as “guides.”

In the end, there’s nothing more exciting than making your dream come true. And whether you dream of hardwood floors, a gas fireplace, or simply saying goodbye to apartment life, Veridian Homes is here to help.