In this assignment, you will compare and contrast financing options. When financing a home, it is important to understand your options
In this assignment, you will compare and contrast financing options. When financing a home, it is important to understand your options. Each option comes with pros and cons, some of them are short-term and some of them are long-term. The purpose of this assignment is to demonstrate your ability to understand a variety of financing options and develop amortization schedules and then use a series of subjective and objective criteria to analyze the short-term and long-term pros and cons to justify a decision.
Instructions:
1. Choose a piece of real estate (residential, commercial, warehouse, land) using a resource such as realtor.com, zillow.com, etc. Provide the listing sheet or link.
2. Determine a down payment percentage. A standard down payment is 20%. Youm ay choose another percentage.
a. Provide a justification for the down payment percentage you choose.
3. Research two different financing options. For example, 15-year. fixed, 30-year.
Fixed, 5-1 ARM, VA loan, etc.
a. Use Excel, or another approved spreadsheet, and create a completeam ortization schedule for the life of both financing options.
4. Compare and contrast the two financing options.
a. Explain any background information and/or further description of loan types selected.
5. Identify the financing option you would choose.
a. Provide a justification for your financing option selection.
Requirements:
• Numbers 1, 2, 4, 5 should be in a Word document. Number 3 should be an
Excel, or another approved spreadsheet. Upload both documents to the link in
the course.
• Professional communication is expected, which includes proper spelling and
grammar, and providing source information when using outside resources.
MAT230 – Finite Analysis
Real Estate
Copyright 2022 Post University, ALL RIGHTS RESERVED
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
