Is better to rent or buy a condo? Use the information below to figure it out. rent is can buy similar condo for condo fees of property tax repair and maintenance downpayment closing costs if sell condo in next 2 to 10 years mortgage rate 3000 per month includes parking, no utilites monthly rate n Figure out the: 1. Down payment 2. mortgage payment borrow 3. Total monthly cost of buying condo mortgage condo fees of property tax repairs/maint Total 4. enter rent 5. Net additional cost of buying v renting monthly basis cost more (less) per month to buy 6. Senario Analusis a) what do you owe after 2 years? hint: vumber of payments remaining b) what do you nwe after 5 yenrs? c) what dn ynu owe after 10 years? Is better to rent or buy a condo? Use the information below to figure it out. rent is can buy similar condo for condo fees of property tax repair and maintenance downpayment closing costs if sell condo in next 2 to 10 years mortgage rate 3000 per month includes parking, no utilites monthly rate n Figure out the: 1. Down payment 2. mortgage payment borrow 3. Total monthly cost of buying condo mortgage condo fees of property tax repairs/maint Total 4. enter rent 5. Net additional cost of buying v renting monthly basis cost more (less) per month to buy 6. Senario Analusis a) what do you owe after 2 years? hint: vumber of payments remaining b) what do you nwe after 5 yenrs? c) what dn ynu owe after 10 years