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any neighborhood in California Find a neighborhood where you would like to live after Graduation. Use Zillow to find a house that is currently for

any neighborhood in California

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Find a neighborhood where you would like to live after Graduation. Use Zillow to find a house that is currently for sale. Record the following: Address . Cost of the house Estimated Closing cost as discussed in the video Assume you will put 10% down (of the purchase price) how much will that be? Calculate the amount of the loan (purchase price + closing costs - down payment) What is the current rate for a 30 year fixed rate loan (google this)? Calculate the monthly payment using the PMT function in excel Estimate the monthly property tax Estimate the monthly homeowners insurance What is your total monthly cost to own this home (loan payment + property tax +homeowers insurance)? How does this compare to Zillow's estimated costs? Find a neighborhood where you would like to live after Graduation. Use Zillow to find a house that is currently for sale. Record the following: Address . Cost of the house Estimated Closing cost as discussed in the video Assume you will put 10% down (of the purchase price) how much will that be? Calculate the amount of the loan (purchase price + closing costs - down payment) What is the current rate for a 30 year fixed rate loan (google this)? Calculate the monthly payment using the PMT function in excel Estimate the monthly property tax Estimate the monthly homeowners insurance What is your total monthly cost to own this home (loan payment + property tax +homeowers insurance)? How does this compare to Zillow's estimated costs

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