I need someone to verify if my answer is correct.This must be done in excel.

Plan A: Price of house $160,000.00 House will be sold in 10 years for 185,000.00 Maximum amount available Maximum amount available $40,000.00

Maxumun month payment including

T&I Maxumun month payment including T&I $300.00

Maximum P&I Maximum P&I

Loan Amount Loan Amount $174,300.00

The amount of money required up front is $10,700.00

The amount of money required up front is Down Payment 5% x $185,000.00 9,250.00

Origination Fee 1% x $1,743.00

Origination Fee Appraisal $300.00

Appraisal $300.00

Survey $200.00 Attorney's Fee $300.00 Processing $200.00 Processing $200.00 Escrow Fees $150.00

Other $300.00

Sum $1,450.01

Sum Expenses -10,700.00

Total cost of house $160,000.00

Total profit of house ($67,937.54)

Please verify...