Buying your first home? We offer the guidance you need to get started.
Get started by using one of our FREE tools!
About Us
Transformation Home Loans is where expertise meets personal service to make your home financing journey clear, fast, and stress-free. Led by award-winning broker CJ Simpson, we focus on what matters most — helping you secure the right loan with ease and confidence. As the #1 top-producing mortgage broker in Portage County, we leverage strong wholesale lender relationships to deliver exceptional rates, tailored solutions, and some of the fastest closings in Ohio. Whether you’re buying your first home, refinancing, or upgrading, our team is here to guide you every step of the way — turning what can feel overwhelming into a smooth, empowering experience designed for you.
CJ Simpson
Broker/Owner // NMLS #33673
CJ Simpson is an award-winning mortgage broker and the driving force behind Transformation Home Loans. With a career in the mortgage industry dating back to 2007, CJ has built a reputation for exceptional service, deep market expertise, and record-setting speed. As the #1 top-producing broker in Portage County and a recognized leader for having some of the fastest closing times in Ohio, CJ combines competitive wholesale lending options with a personal, hands-on approach that puts clients first. Whether guiding first-time buyers or seasoned homeowners, CJ is known for making the mortgage process clear, strategic, and stress-free — always focused on helping clients achieve their homeownership goals with confidence.
FacebookZillowLinkedIn
CJ Simpson
CJ Simpson is an award-winning mortgage broker and the driving force behind Transformation Home Loans.
Why work with us?
At Transformation Home Loans, we make home financing clear, fast, and stress-free. Led by award-winning broker CJ Simpson, Portage County’s #1 mortgage expert, we combine top-tier expertise with personal service to deliver exceptional rates, tailored solutions, and some of the fastest closings in Ohio. Whether you’re buying, refinancing, or upgrading, we’re here to guide you every step of the way — turning your home loan into a smooth, empowering experience.
How the process works
Are you trying to figure out if renting or buying a home is better for you? Try using our Rent vs Buy Calculator to see what makes sense for you…
Our mortgage calculators are for demonstration purposes only and may not reflect actual numbers for your specific mortgage. Contact us and we will walk you through the best possible mortgage scenario for your specific needs!
Buying is cheaper than renting after
If you buy a house, after 3 years it will cost you $58 more per month and $5000 more in total than if you had rented.
But you will own in equity of your home with an appreciated value of .
If you buy a house, after 3 years you will have saved $58 per month and $5000 in total than if you had rented.
You will also own in equity of your home with an appreciated value of .
Buying will never be cheaper than renting
Home equity after
1 year
years
TOTAL COST
YEARS
Costs over
Monthly Cost (after )
Yearly Cost (after )
Total Cost (after )
Rent
Buy
Difference
$0
$0
$0
Rent
Buy
Difference
$3,019
$92,453
$89,434
Rent
Buy
Difference
$3,019
$92,453
$89,434
Estimated Costs
These costs are estimated based on the information under the advanced section. You may adjust these values to suit your particular situation in order to get a more accurate estimate.
Monthly mortgage payments
$
Homeowner's insurance
$
Private Mortgage Insurance
$
HOA dues
$
Property tax
$
Home repairs
$
Renovations
$
Closing costs
$
Yearly rent increase
%
Rental insurance
$
How We Calculate the Costs
Calculating the Cost of Renting
The cost of renting is relatively straightforward to calculate. It primarily includes your monthly rent payments and a few additional expenses:
- Monthly rent payments
- Security deposit (typically equal to one month's rent)
- Renters insurance (annual premium)
- Down payment
- Closing costs (typically 2-5% of the home's value)
- Monthly mortgage payments (principal and interest)
- Property taxes
- Homeowners insurance
- Private Mortgage Insurance (PMI) if applicable
- HOA fees (if applicable)
- Maintenance and repairs
- Home improvements and renovations
- Annual home appreciation rate: %
- Annual rent increase: %
- Renters insurance: $ per year
- Home maintenance and repairs: % of home value per year
- Home improvements and renovations: % of home value per year
- Selling costs when you sell the home: % of home value
Check out our other mortgage calculators
Access our top-rated mortgage calculators to expertly assess your financing options, compare various loan types, and make informed decisions for your home buying journey.
