Please help!

Directions: Use the questions below to help you think through your future housing options and resulting budget. Then address the questions in paragraph format in 1.5-2 pages typed, double spaced, 12 pt font. Housing Perspective: 1. Where would you like to live while you work in your first career? Include city and state. 2. Why does this location appeal to you personally? Include a cost-benefit analysis of this location (consider cost of living, proximity to family, use of public transportation, etc.). 3. Do you plan to travel or move around frequently? Explain. Your First Home: Would you prefer to buy a house/condo/tiny-home right away or rent? Why? 2. Research the costs involved in buying a home and paying a mortgage. Describe them. 3 . Will you live with roommates to reduce the cost of your first place? Explain. Housing Options (this can be typed in a table format if you wish): 1. Explore 4 possible housing options for yourself while you have your first career. Use housing search engines to find specific places to live. Your parents' house can be one of the four options. 2. What are the pros and cons? Include a cost-benefit analysis of each specific housing option, including expenses, location, and square feet. Select Your First Home: 1. Of the four options you detailed above, where will you choose to live? Why? 2. How much will renters' or homeowners' insurance cost each month? 3. If you're buying a house, is there an HOA fee or high property taxes? 4. What is your monthly cost? Will you be able to afford it for at least a year? Resources to help you research housing: Type "find apartments" into your search engine and many housing finders will be available for your use Mortgage Calculator: https://www.consumerfinance.gov/owning-a-home/loan- options/#loan-term-calculator ADD HOUSING TO YOUR BUDGET Directions: Using your own digital budget from PFP #1, fill in the "Housing" category using your estimate from the written portion above. Attach a copy of this updated budget with your written assignment when this PFP is due. Helpful Hint: Experts say that you should spend 30% or less of your income on housing each month