Module :7
We’re going to dream big and shop for a home online. Have fun with this assignment and be sure to complete both parts. Looking forward to seeing all your dream homes online!
Go online to realtor.com, redfin, etc and search for a home that you would love to purchase, whether it’s in NY or another state.
Snap a picture of it or copy the link and include it in your discussion such as this:
https://www.redfin.com/FL/Boynton-Beach/7615-Trapani-Ln-33472/home/42548990
Next, you will use any mortgage caclulator to calculate how much your mortgage would be if you were to put down 20% (recommended) as your prinicipal and share:
Go to mortgagecalculator.org and enter the required information. Once you hit calculate and see your information,
go to the bottom of the page and click “share this calculation” and copy and paste link. Here is an example:
https://www.mortgagecalculator.org/?q=8k9d4-4KT
module *:
Now that you have engaged with the materials on Insurance, Retirement Planning, and Estate Planning, answer the following questions in two paragraps (maximum)
Paragraph 1:
Do you currently hold any type of insurance products? If so which ones? Before engaging with the modules, which insurance products have you thought about obtaining. After learning about insurance, which insurance products do you believe you must obtain over the next several years and why?
Paragraph 2:
Being completely honest, have you thought about retirement planning at all before taking a personal finance class? Now that you have engaged with the materials, is Retirement Planning something that you think is important for you to think about? Why or why not?