As we all know, buying a home is the biggest decision you'll ever make.  Many people still struggle with the financial question - should I rent or buy a home?  That answer depends on you - your finances and your needs. It's not an easy question to answer.   Or is it?

The New York Times has come out with a very handy calculator that lets you determine the best way to go based on a number of important factors.  It shows a very simple summary on the right side of the page of how much you need per month to make renting better than buying, along with a comparison of costs. It's a fun and inciteful way to help you make the right choice.

Click here for the Rent vs Buy Calculator