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In atleast 200 words and using Excel. Find a home that you would like to buy. Use Google, Zillow, Realtor.com, or another real estate site to find a...
In atleast 200 words and using Excel.
Find a home that you would like to buy.
Use Google, Zillow, Realtor.com, or another real estate site to find a home. Make sure to include the link for the home in your discussion post.
Next, please prepare a Amortization Schedule for this home. I expect the amortization schedule to be completed in Excel with all work shown in Excel. Thus, I should be able to click on any cell and see your work embedded in that cell. If this is not done, it will be an automatic 50% deduction.
Assume you pay the full asking price and make a 20% down-payment. Do not use an online amortization schedule. I will only give you credit if you make your own amortization table. Use page 195 of your textbook as a guide. Please note that there is an error in this book example. Please go to the Resources for Module 3 above and click on Chapter 5 Errata to see a few typos in Excel problems in chapter 5.
Note the textbook amortization schedule is using an annual payment. Please make your schedule for both 180 months (15 years) and 360 months (30 years).