We noticed that you are using an older version of Microsoft Internet Explorer. This website is optimised for Internet Explorer version 9 and later, so please consider upgrading your browser so that you can enjoy all of this website's features. Visit the Microsoft website http://www.microsoft.com to download a newer version of Internet Explorer.
Information about volunteering opportunities
Information about jobs, entrepreneurship, traineeships and holiday work
Education and training opportunities across Europe
Have your say about politics and society, and participate in Structured Dialogue
Arts and entertainment, science and innovation at your fingertips
Everything about your health, well-being and sports
Your rights and services to feel secure and safe
Discovering the world beyond Europe
Practical information about travelling in Europe
Some might think one is throwing away money by renting instead of paying off a mortgage. On the other hand the cost of borrowing money is pretty high and most of your monthly payments don’t cover more than the interests. Therefore the amount you owe doesn’t decrease every month. It can just as easily increase. You will also have to take into account the cost of maintenance and property taxes among other things.