Mathematics 231 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)
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Order Paper NowPart 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.
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A real estate listing sheet |
_____ / 5 |
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A description, explanation, or calculation of the down payment for the property |
_____ / 5 |
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A description of the two financing options/products being compared |
_____ / 5 |
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A “hand-made” Excel spread sheet containing side by side amortization schedules |
_____ / 15 |
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Written analysis (20 points total) |
|
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– Explanation of any background information and/or further description of loan types selected |
_____ / 5 |
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– Analysis of the similarities and differences in the amortization schedules |
_____ / 5 |
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– Justification for selection of either option |
_____ / 5 |
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– Use of proper grammar, spelling, sentence structure and paragraph structure |
_____ / 5 |
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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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