Name

Kiara Alcantara

Date

Explore the costs of purchasing your Dream Home, or your

Top Pick Home, by completing the chart below.
Then, answer the questions that follow to help you analyze
your findings and what it mean as you plan for the future.

1
2
3
4
5

What Salary is Required to Own My Dream Home??

1
3
4

Find your Top Pick House on Zillow.com.

Scroll down to EST. MORTGAGE (below the listed house price).

6.

Click the Calculator icon.

Record the address and house price below.
Change the Down payment percentage to 3% and
record the Down payment prices listed in parenthesis.

5.

.
.

7.

6 Record the 30 Year Fixed Price for a 3% Down payment.

7 Record the Estimated taxes and insurance.
8 Add the 30 year Fixed Price and the Estimated taxes & insurance and record the sum in the 30 Yr + Taxes and Ins. = box.
9 Complete Steps 5, 6, 7 and 8 for the Down payment percentage of 5%, and 10%.
Dream Home Address :

1 Viola Carino Ct, Henderson, NV

Home Price :

$427,900

Down Payment % :

3%

5%

10%

Down Payment Price:

$12,837
$1,934 / mo
$673
$2,607

$21,395
$1,894 / mo
$592
$2,486

$42,790
$1,794 / mo
$523
$2,317

30 Year Fixed Price:

Est. Taxes & Insurance:
30 Yr + Taxes & Ins. =