Determine a down payment percentage. A standard down payment is 20%. You may choose another percentage. Explain any background information and/or further description of loan types selected.
Compare and contrast financing options. When financing a home, it is important to understand your options. Each option comes with pros and cons, some of them are short-term and some of them are long-term. The purpose of this assignment is to demonstrate your ability to understand a variety of financing options and develop amortization schedules […]