I need help with my FIN110 unit 5 assignment. Please its due asap and its about kim and dan considering a home in d.c. $ 280,000. Estimate utilities 0,maintenance $100, property taxes 0, home insurance , car loan $350.Kim’s gross $50,000 year dan is $35,000 year. They have saved $60,000 in a money market fund. They $5,840 last year. 20% down payment and closing cost.Lender offering 30 year variable rate intial interest 7% 20% down payment $5,400. Estimate the affordable mortgage and the affordable purchase price for the Bergholts.Rental option $1400 month utilities $220 renter insurance $25 month earn annual rate 4% on money market fund. Federal, state,local taxes 55% marginal dollar. Rent or purchase a home.(contract interest 8% monthly) interest payments over 5 year period $87,574 and alternate if move in one year $17,852
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.
Read moreEach paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.
Read moreThanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.
Read moreYour email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.
Read moreBy sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.
Read more