Engage students in understanding home mortgages, interest rates and more by having the students research and select a future home. Students really enjoy searching the housing market and finding out the costs of houses. This project helps students understand the reality buying a house, the effects of length of borrowing, interest rates, down payments and credit scores.
Links are provided to help students find homes. The worksheet and summary questions are easy to follow. Take advantage of this quick easy and fun lesson for students. Consider buying the house and car bundled unit from same seller.
Length of Loans