Financial Literacy Introduction to Credit

Assignment Directions:

Using the mortgage calculator found at the website: http://www. bankrate. com/brm/mortgage-calculator. asp . Input the information found in the following paragraph.

A realtor took you to look at three houses this morning. Before you left her office you told her you had $25,000 as a down payment to buy your new home. The three houses she showed you were listed as follows:

1295 Rock and Roll Island; Purchase Price $210,000 Real Estate Taxes: $3450 per year

236 Rap Ready Way; Purchase Price $300,000; Real Estate Taxes: $5500 per year

632 Metal Mile; Purchase Price $145,000; Real Estate Taxes: $2380 per year

After some thought, you decide to purchase the home that is not the most expensive or least expensive.

You agree to put down the $25,000 and after speaking with a mortgage consultant agree to a 30 year mortgage at 6.25%.

Assignment Guidelines:

Answer the following questions for all 3 houses. Be sure to explain how you arrived at each answer.

What is your monthly mortgage payment?
What are your real estate taxes for this home?
What percentage of the purchase price is your down payment?

Submission Requirements:

Submit set of 3 responses for each of the 3 listed houses

When submitting written assignments please remember to:

Submit the assignment question(s) and your responses.
Proofread for spelling, grammar, and punctuation.
Remember complete sentence structure.
Paragraphs need to have minimum of six sentences.

the ss was the main organization responsible for the genocidal murder of around six million people of european ethnic minorities, essentially jews, in the holocaust. the members of all its branches committed war crimes and crimes against humanity during the second world war (1939-1945). likewise, the ss were involved in commercial enterprises and exploited the inmates of the concentration camps as slave laborers.

the tortures and assassinations committed by the ss were the result of an ideology developed long before the armed conflict, this ideology was based on the racial supremacy of the germans over the rest.

a) the colonists began to see themselves as different from people in britain.

explanati“there were many such dangers, in which the odds were all against them. their children were not as well as they had been at home; but how could they know that there was no sewer to their house, and that the drainage of fifteen years was in a cesspool under it? how could they know that the pale-blue milk that they bought around the corner was watered, and doctored with formaldehyde besides? when the children were not well at home, teta elzbieta would gather herbs and cure them; now she was obliged to go to the drugstore and buy extracts–and how was she to know that they were all adulterated? how could they find out that their tea and coffee, their sugar and flour, had been doctored; that their canned peas had been colored with copper salts, and their fruit jams with aniline dyes? and even if they had known it, what good would it have done them, since there was no place within miles of them where any other sort was to be had? the bitter winter was coming, and they had to save money to get more clothing and bedding; but it would not matter in the least how much they saved, they could not get anything to keep them warm. all the clothing that was to be had in the stores was made of cotton and shoddy, which is made by tearing old clothes to pieces and weaving the fiber again. if they paid higher prices, they might get frills and fanciness, or be cheated; but genuine quality they could not obtain for love nor moneyon: