Buying a Home - Calculating a Mortgage

Buying a Home - Calculating a Mortgage
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107 KB|3 pages
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This lesson allows students to explore the cost of buying a home. Students will pick a career, research the annual salary, and calculate a budget. This lesson directs students to realtor.com to browse homes for sale in their area. After selecting a home, students will calculate a downpayment, calculate interest rates (for good, average, and poor credit), and calculate monthly payments. Students will then determine if they would be able to afford the home of their choice. Students will also write equations in slope-intercept form. This is a great lesson for middle school and high school students!

Total Pages
3 pages
Answer Key
N/A
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