Find the total amount

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Finance

1. Determine how much you will make in take home pay when you get a job in your chosen field( teacher). (Your take home will be approximately 2/3of your actual salary.)

2. Find the house you are interested in buying(it must be on the market at this time.)You must have a picture of the house,a description of the house and property, and the asking price of the property.

3. State the items that you like and dislike about the house or property.

4. Find your monthly payments if you pay 20% downand take out a mortgage for 30 years at 5.6%. Find the total a mount you will have paid the bank at the end of the 30 years.

5. Find your monthly payments if you pay20% downand take out a mortgage for 15 years at 5.6%. Find the total amount you will have paid the bank at the end of the 15 years.

6. Find your monthly payments if you pay10 % downand take out a mortgage for 30 years at 5.6%. Find the total amount you will have paid the bank at the end of the 30 years.

Reference no: EM13751211

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