There are many benefits to home ownership. Yearly tax savings, equity and home appreciation. Studies show that children of homeowners earn higher test scores and graduate at a higher percentage than those of renters. Additionally, when you rent, if you are not in a rent-controlled area, the rent only goes up. When you own, you can get a fixed mortgage that never changes, for thirty years. With every check you write, you build equity in your own home, not someone else’s. Your money has the potential to come back to you with interest as home prices tend to rise. There is a great feeling of security knowing that you don’t have to worry about the whims of a landlord. Also, you can roll your property taxes into your monthly payment so you have no surprise every six months. You may be wondering about the downpayment, but there is a solution for that as well…keep reading.