Overview
You are to finance the purchase of your home. Requirements: ≡ Full purchase price ≡ You must put 20% down ≡ You must have a reasonable interest rate ≡ You must carry insurance and the price must be accurate, yearly taxes must be included ≡ You must create an amortization schedule in Excel • 30 or 15 years for home purchase ≡ You must have a monthly budget for: • Home – electricity, insurance, water, waste pickup, lawn maintenance ≡ All sources of information must be cited (include URL for online resources) When complete upload your documents in D2L in the Finance Project section under the assignments tab. Some good sites for sources include: realtor.com, Broward County Property Appraiser http://www.bcpa.net/recmenu.asp and Zillow.com