Financial reason for not paying cash for a home ?

Q: Can anyone out there do the math and show me a example of the financial benifit of not paying cash for a home, but rather paying the monthly mortgage?

A: Since most people, especially in our current economy, do not have the ability to pay ‘cash’ for their property, financing is the only option. I would say, that the one single benefit with this would be that the interest on the mortgage is one of the few deductions a homeowner has to claim. Not that the government didn’t try several times to take it away ( can you say - thank you to the REALTORS political action committee). There are other benefits, but it is up to each individual & their financial situation to determine. Here is a link to a site with a number of ‘handy’ financial calculators. Check it out.
Smart Loan Calculator