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Mathematics 231 Part I Select a piece of real estate math homework help

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 lif 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.

A real estate listing sheet

_____ / 5

A description, explanation, or calculation of the down payment for the property

_____ / 5

A description of the two financing options/products being compared

_____ / 5

A “hand-made” Excel spread sheet containing side by side amortization schedules

_____ / 15

Written analysis (20 points total)

  –  Explanation of any background information and/or further description of loan types selected

_____ / 5

  –  Analysis of the similarities and differences in the amortization schedules

_____ / 5

  –  Justification for selection of either option

_____ / 5

  –  Use of proper grammar, spelling, sentence structure and paragraph structure

_____ / 5

TOTAL  

_____ /50

I have attached a example  for Use or reference. This project must have a excel spreadsheet as specified above.

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