in hang yo Meto 2) Select a house/condo/townhome from local real estate offerings. Please provide the following information for your choice. (5 points) a. Name of the real estate company listing the property Elaine sans sou b. Property MLS#. 61632 33 c. Property address. 2989 E Ars DriGilbertin285298 d. Property (living space) square footage. 1994 S4F+ e. How much are the property's monthly HOA dues, if any? $64mo 3) The bank requires a 20% down payment, charges 2 points based on your credit history, and is offering 2.85% annual interest compounded monthly for a 15-year loan OR 3.58% annual interest compounded monthly for a 30-year loan. Calculate the following: down payment, points charged, mortgage amounts. In addition, calculate the amount of the cashier's check you will need to take to closing. This amount includes the down payment and the points only (10 points) Pt 4) Assuming you opted for a 15-year loan: a) what is your monthly mortgage? b) how much interest will you pay over 15 years? and c) how much will you pay in total to the bank for the loan? (10 points) 5) Assuming you opted for a 30-year loan: a) what is your monthly mortgage? b) how much interest will you pay over 30 years? and c) how much will you pay in total to the bank for the loan? (10 points) 6) Home Improvement: You need to replace 75% the floor with tile. Calculate the square footage to be tiled (round the whole square foot). Calculate the materials cost assuming that the tile costs $2.75/square foot and each box of tile contains 18.25 square feet of tile. How many boxes of tile will you need to purchase? What is the cost of the boxes of tiles before sales tax? Now, calculate the labor cost to install the tile assuming you are charged $3.25/square foot. (10 points) 7) Reflect over this project. Were you surprised at the amount of money you need to save for a home purchase? Did you learn anything about the monthly payment you can afford? Has this project changed how will you prepare for a future home purchase? (5 points) in hang yo Meto 2) Select a house/condo/townhome from local real estate offerings. Please provide the following information for your choice. (5 points) a. Name of the real estate company listing the property Elaine sans sou b. Property MLS#. 61632 33 c. Property address. 2989 E Ars DriGilbertin285298 d. Property (living space) square footage. 1994 S4F+ e. How much are the property's monthly HOA dues, if any? $64mo 3) The bank requires a 20% down payment, charges 2 points based on your credit history, and is offering 2.85% annual interest compounded monthly for a 15-year loan OR 3.58% annual interest compounded monthly for a 30-year loan. Calculate the following: down payment, points charged, mortgage amounts. In addition, calculate the amount of the cashier's check you will need to take to closing. This amount includes the down payment and the points only (10 points) Pt 4) Assuming you opted for a 15-year loan: a) what is your monthly mortgage? b) how much interest will you pay over 15 years? and c) how much will you pay in total to the bank for the loan? (10 points) 5) Assuming you opted for a 30-year loan: a) what is your monthly mortgage? b) how much interest will you pay over 30 years? and c) how much will you pay in total to the bank for the loan? (10 points) 6) Home Improvement: You need to replace 75% the floor with tile. Calculate the square footage to be tiled (round the whole square foot). Calculate the materials cost assuming that the tile costs $2.75/square foot and each box of tile contains 18.25 square feet of tile. How many boxes of tile will you need to purchase? What is the cost of the boxes of tiles before sales tax? Now, calculate the labor cost to install the tile assuming you are charged $3.25/square foot. (10 points) 7) Reflect over this project. Were you surprised at the amount of money you need to save for a home purchase? Did you learn anything about the monthly payment you can afford? Has this project changed how will you prepare for a future home purchase? (5 points)