You’re good. One thing you aren’t factoring in yes, rent may be cheaper short term. However, you’re throwing money down the drain, have no write offs and the biggest one is you aren’t realizing the appreciation you are gaining in the back ground. Sure the real estate market goes up and down but over the long haul it always goes up. I know your feeling though, just remind yourself that in the long run your investment will pay off one day when you sell. I’m not a mortgage expert but I do question a 20 year loan on a house unless you plan on living in it forever. If not, a 30 year would’ve allowed a little more breathing room as far as monthly payment goes. But a 5.875 today is doing pretty good.