ACTIVITY: Final Paper - Part 2 (Financing Scenario)
Let’s continue our final project for this class by writing out the financing scenario for the borrowers. Download the mock data in this form, Borrower Mortgage Profile Data, and save it to your computer or cloud drive. Use this data (or create your own) to write your two paragraphs that will be part of the narrative report for the final paper. Please use. this. text. book Real Estate Finance 8th Edition by Walt Hubert and Walt Zozula, 2018. ISBN: 978-1626841789 Here’s the data sheet:
You will also need to calculate a mortgage payment. Click here to access Karl's Mortgage, which is a free resource that you can also install on your phone as an app:
https://www.drcalculator.com/mortgageLinks to an external site.
PLEASE SCROLL DOWN TO THE BOTTOM FOR 2 VIDEOS THAT WALK YOU THROUGH THE ASSIGNMENT STEP-BY-STEP.
Instructions
First, read the textbook Chapter 13 (pages 359-365) and textbook Appendix 1 (Real Estate Finance Mathematics; pages 431-438). If you are using the previous version (7th edition), refer instead to Chapter 15, “Real Estate Finance Mathematics”.
- Next, using the mock data found in the profile sheet, write 3 paragraphs with facts about the mortgage loan scenario and financial calculations. Answer the questions below (shown in the template) in complete sentences. Write 3 to 5 sentences for each of the three paragraphs.
Lastly, insert textbook pages in parenthesis from Chapter 13 or Appendix 1 and submit assignment here in Canvas. Insert at least one textbook citation (page numbers in parenthesis) per paragraph.