In this short paper, consider the purchase of a new home and revise
my personal financial plan to reflect my long-term financial goals.
I have already completed my worksheet calculating my maximum
monthly mortgage loan for which I qualify. I calculated my maximum mortgage level based on facts that include my income and the amount that I have saved for a down payment. Please write a short summary, including the following criteria:
Why did you choose the specific analysis you performed (mortgage analysis or vehicle lease vs. purchase analysis)? for writer: I picked mortgage analysis as clearly shown in the worksheet attachment.
How will the analysis that you performed affect the financial plan that you submitted for Milestone One? Describe specific changes that will be required.
For #1, go ahead and use critical analysis to explain why I chose the mortgage analysis. You can talk about how a home purchase is an investment, how a vehicle purchase is not an investment, etc. Feel free to think of any critical analysis for this one.
For #2, I have attached my financial plan here. Please review it before writing about this part of the paper.
Also, the supporting research should be as up-to-date as possible. Any news stories, press releases, or additional sources must be dated within the last 60 days. Company data should be no more than one year old. Using older data may result in being asked to resubmit your work.
I have also attached the screenshots of my textbook that may help you find ideas, let me know if you need me to take more screenshots of the rest of this section of the book. The book is called: Personal finance turning money into wealth 9th edition arthur j. keown.
In this short paper, consider the purchase of a new home and revise my personal
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