Amortization Schedule

The deliverable is a word document that states or produces:

• Whether Trulia or Zillow was used to access property Information
• Which of the 77 Chicago neighborhoods the property was in
• How the summary Information was gained
• The summary Information
• The trends for the interest and Principal payments during the life of the mortgage loan

Summary Information
Home Price	500,000.00
Down payment	30,930.00
Loan Amount $	469,070.00
Annual Interest Rate	0.0616
Period Interest Rate	0.0051333
Life Loan (in years)	27.00
Number of Payments per Year	12.00
Total Number of Payments	324.00
Payment per period	2973.95
Sum of payments	963,560.99
Interest Cost