House Hunting Project

By: Jasmine Wooten

Highlights of my house

• My house is located on 1795 Whitney Ave, in Hamden CT.

• There are 5 bedrooms & 4 full bathrooms.

• I like the staircase & the pool that’s in the backyard. I like how the front yard is big.

Down payment calculations • The Percentage I’m

putting down will be 10%.

• My down payment will be $79,900.

• I got this answer by multiplying the actual cost of my house by the percentage I’m putting down (10%).

Mortgage

• My mortgage will be $719,100

I got this answer by subtracting the original

cost of my house (799,000) by my down

payment (79,900) which gave me this answer.

Taxes Per yearI will be paying

$15,909 each year for my taxes.

This answer was given with my property

information.

Monthly Mortgage/taxes Payment• Monthly Mortgage:

$3,860I got this answer by using the

bank of america mortgage calculator.

• Interest Rate: 5%• Loan Term: 30

years

• Monthly Taxes:$24,896.84

I got this answer by multiplying the mill rate (31.6) by the

actual cost of my house ( 799,000) .

My kitchen

Bedroom

Bathroom

Living Room