Post University Mat230 project latest 2015 december

| August 31, 2017

Question
Project: (due at the end of Unit 6)

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.

Project Scoring Rubric:

Project Contents

Points

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

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