Find one house that is for sale in Coeur d'Alene and a similar sized (not exact but a similar sized-sq feet, number of baths, number of bedrooms--house) one that is for sale in Spokane. What is the address of the houses and the current sale price of the houses? Why might the housesthough similar in sizehave different prices (make sure you are thoughtful and complete in your answers)?

Suppose that you can put down only 20% towards the purchase of the house. Suppose that you can choose either a 20 year @ 5% or 30 year @ 7% mortgages. Show the calculation of your monthly payments for both types of mortgages ignoring property tax, insurance, HOAs, etc.