Buy or Rent Quiz
Quiz: Should You Rent or Buy?
Should you rent or buy? You may be on the fence right now, but take our quiz to see if you have a renter or buyer's personality and lifestyle. Of course, you may not rely on the results of this quiz to make your decision, but it may give you better insight on if you're more suited to a renter's or buyer's life.
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How long do you plan on living there?
5 years or more.
Less than 5 years.
I'm not sure.
Do you have kids?
Yes.
No.
This is how you feel about putting together Ikea furniture.
When you get a bonus at work, you:
Put it in your rainy-day fund.
Treat yourself to something special.
Pay down debt.
How important is it to you to live in a specific neighborhood?
Very.
I'm flexible.
Do you know where your last bank statement is?
Duh.
Nope.
Pick an emoji for how you feel when you look at your savings account.
What is your credit score?
Under 620.
620 to 700.
Over 700.
Not sure. I haven't checked it in a while.
Do you own or lease a car?
Lease.
Own.
No car.
Do you pay off your credit card bills in full every month?
No.
Yes.
Do you have enough to pay 20 percent of the home sale price?
Yes.
No.
