Buy or Rent?

Uncertain about whether buying or continuing to rent is the right option for you?

Fill out the form below as accurately as possible, and calculate.

  • Length of Stay (Years):
    •  
  • Rent:
  • Rent Inflation Rate (%):
    •  
  • Average Savings Rate of Return (%):
    •  
  • Purchase Price ($):
  • Percent Down(%):
    •  
  • Interest Rate (%):
    •  
  • Term (months):
    •  
  • Annual Appreciation Rate (%):
    •  
  • Your Tax Rate (%):
    •  
  • Real Estate Tax Rate(%):
    •  

Beyond the University,
City Living Redefined

4300 Spruce is located in the historic Spruce Hill district, which has been transformed into a youthful and vibrant neighborhood, due to a recent development boom. Now more than ever, the idea of investing in a home located in a thriving area is an attractive option for all. From the graduate student to the young professional, even to the empty nester and newly-weds, 4300 Spruce condos provide its residents with luxurious living at an affordable price. Whether it is purchased as an investment or your first home, 4300 Spruce provides peace of mind for today's buyer.

Purchasing a condominium off-campus offers an economically desirable alternative to traditional room and board. As the cost of on-campus housing continues to rise, the idea of investing in a home while in school has become an attractive option. Many parents are buying condominiums for their college-age children, which may later be used as an investment property.

Why rent when you can buy?

  • Low Down Payment
  • Appreciation of Asset
  • Builds Credit History while student is in college
  • Builds Equity
  • Ability to generate revenue from leasing out a second bedroom

PENN Mortgage Program

Penn faculty and staff members can take advantage of the Penn Guaranteed Mortgage Program.