Mortgage comparison

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Mortgage comparison

Mortgage comparison
Part I: Select a piece of real estate (residential, commercial, warehouse, land). Any number of resources can be used (www.realtor.com is one option). You will need to include a listing sheet/link with your submitted assignment.

Part II: Determine a down payment. A standard down payment is 20%, however you may offer justification for any amount/percent you choose.

Part III: Research 2 different financing options

Part IV: Use Excel (or other approved spread sheet) to create a complete amortization schedule for the life of both financing options.

Part V: Write an analysis that compares and contrasts the two financing options in detail. Be specific. Include justifications for selecting an option

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