You will be using the internet to find the price of 1 house you would like to purchase. The houses should be one you cou

[answerhappygod]

You will be using the internet to find the price of 1 house you
would like to purchase. The houses should be one you could
reasonably afford. Based on the asking price you will finance 80%
and determine the monthly payments for both a 15- and a 30-year
mortgage. The current mortgage rates you can also find on the
internet. Based on your monthly payments you will also calculate
the total amount paid back to the mortgage company and how much
interest is paid on each loan. Based on the house location you will
then find the property tax rate and determine the property tax for
both properties. You will also find the average cost of homeowner’s
insurance for that state. The cost of the property tax and
insurance can then be divided by 12 and added to the monthly
mortgage payments. You need to include the address of the house and
the picture. You should do a side-by-side comparison for the
property displaying the numbers for both the 15- and 30-year
mortgage.