Find a listing for a house that you might be interested in purchasing. You can use a local (Fresno area) listing or a listing from the area/town you are originally from. Attach a copy/screenshot of the listing as part of the project. The house is limited to a listing price of $600,000 or less. Use the information to complete the following. 1. What is the listed price of the house? 2. Mortgage lenders will want at least 20% of the price as a down payment What is your down payment? 3. What is the amount of money you need to finance to purchase the house? 4. Find you monthly mortgage payment. Research possible loans through an online financial resource ( i.e. Bankrate.com, lendingtree.com,...) Length of loan years Rate for loan: Monthly payment for loan: Show your work for the calculation. Use the formula from class to determine. Amount of Interest you will pay on the loan over the life of the loan: If you housing costs should be approximately 25% (1/4) of your monthly income, how much will your monthly income need to be to afford the house described: Create Amortization Schedule for the loan and attach one page/one year of payments with the project from an online amortization calculator. After completing this assignment, describe some ways that your view of money has changed. What are some of your original concerns and how have they changed with the knowledge gained in this assignment? Are there any new concerns or questions that you might have developed by doing this assignment? Are there any that you feel that still might need to be addressed and who do you feel might be the person / place to go to in order to find those answers