Problem I: Select a piece of real estate (residential, commercial, warehouse, land). Any number of resources can be used (www.realtor.com is one option). You will need to include a listing sheet/link with your submitted assignment.
Problem II: Determine a down payment. A standard down payment is 20%, however you may offer justification for any amount/percent you choose.
Problem III: Research 2 different financing options
Problem IV: Use Excel (or other approved spread sheet) to create a complete amortization schedule for the life of both financing options.
Problem V: Write an analysis that compares and contrasts the two financing options in detail. Be specific. Include justifications for selecting an option.