kim and dan considering a home in d.c. (attachment)

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 $220,maintenance $100, property taxes $380, home insurance $50, 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

Don't use plagiarized sources. Get Your Custom Essay on
kim and dan considering a home in d.c. (attachment)
For as low as $13/Page
Order Essay

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

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.

Money-back guarantee

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 more

Zero-plagiarism guarantee

Each 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 more

Free-revision policy

Thanks 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 more

Privacy policy

Your 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 more

Fair-cooperation guarantee

By 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
error: Content is protected !!
Live Chat 1 763 309 4299EmailWhatsApp

Order your essay today and save 20% with the discount code WELCOME