Economics Purchasing a Home Mr. Lujan May 19, 2014.

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Presentation transcript:

Economics Purchasing a Home Mr. Lujan May 19, 2014

Home + Price $719,000 ● Yolanda Ave Northridge, CA 91326

Home Details ● Built 1970 ● Bedrooms 5 ● Baths 3 full baths ● Square Feet: 2115

Details and extras ● Fireplace: family room ● Other rooms: Loft, Den, Family Room ● 2 stories ● Outdoor lighting, custom landscaping ● 2 car garage ● Central heating and A/C ● Custom interior paint ● Tile Bath and Kitchen

Home Loan Mortgage ● Total price of home: ● 10% down payment: ● Price of mortgage loan: ● Interest rate %: 7% ● Monthly Payment: $

Homeowners Insurance ● $ mo ● a year ● Dwelling insured up to ● Contents insured up to ● 1% deductible