Anna Allen is a single woman in her late $30$ s $.$ She is renting an apartment for $$2,200$ a month $($security deposit $$2,200),$ she's now paying renter's insurance of $$600$ per year. After much thought, she's seriously considering buying a condominium for $$330,000.$ She intends to put $20$ percent down $($$$66,000)$ and expects that closing costs will amount to another $$11,000($the closing costs should be included int he mortgage loan$)$; a commercial bank has agreed to lend her money at the fixed rate of $6$ percent on a $15$year mortgage $(180$ months$).$ Anna would have to pay an annual condominium owner's insurance premium of $$3,300$ and property taxes of $$3,300$ a year. In addition, she estimates that annual maintenance expenses will be about $0\mathrm{.}5$ percent of the price of the condo $($ $$1,650$ per year$).$ Anna's income puts her in the $25$ percent tax bracket, and she earns an after$-$tax rate of return on her investments of around $4$ percent. Estimated annual appreciation in value of the home is $1\%.$

Given the information provided, use the worksheet below to evaluate and compare Anna's alternatives of remaining in the apartment or purchasing the condo.