Engineering 360 Economic Analysis

Engineering 360 - 1 House InformationH Address 586 Hathaway St Moscow ID 83843 Price $399,900 Bed(s 4 Bath(s 3.50 Type Single Family Home Sq/Ft

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1 House InformationH Address: 586 Hathaway St Moscow, ID 83843 Price: $399,900 Bed(s): 4 Bath(s): 3.50 Type: Single Family Home Sq/Ft: 3,721 MLS Number: 60668 Age (years): 11 Date listed on Yahoo!: January 23, 2011 (16 days ago) Description: Exceptional home built by Pat Planagan. Great unimpeded views of Moscow Mountain. Living room with beautiful 2-story windows and gas fireplace. Vaulted entry, formal dining room with wooden floors (Merbau). Open kitchen, white cabinets, granite countertop, large kitchen floor tiles. Master bedroom suite, 2 closets, 2 vanity sinks, separate tub and shower. Second floor has 2 bedrooms and a bonus room. Art nook at top of landing. Lower living room with gas fireplace, slider to second deck. Citation: http://realestate.yahoo.com/Idaho/Moscow/586-hathaway- st:1fc3c94be5f4d402cec32cc169431e2 - Home Price : $399900 - Minimum down payment required by the loan provider : 20% of the home
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2 price. Assume I will go to Bank of America for my home loans. Bank of America down payment calculator counts that the down payment is 20.0% of the home price. So the minimum down payment required by the loan provider is $399900 * 20% = $79980 Citation: https://www8.bankofamerica.com/home- loans/DownPaymentCalculatorResults - Down payment amount: Because the information is from Bank of America, so this down payment is realistic: $79980. -
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This note was uploaded on 02/23/2011 for the course ENGR 360 taught by Professor Mike during the Spring '11 term at Idaho.

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Engineering 360 - 1 House InformationH Address 586 Hathaway St Moscow ID 83843 Price $399,900 Bed(s 4 Bath(s 3.50 Type Single Family Home Sq/Ft

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