Buying a House:
a guided project that takes students through the steps of purchasing and searching for a home. Factors that students will consider include home location, how to search for a home, shopping for a mortgage, home affordability, and job salaries.
Access to computers and the internet are required for this project, and can take students 2-3 class periods to complete. This project is best suited for the end of a Home Buying Unit.
Some of the math calculations included in the project are: interest, down payment amount, closing costs, taxes taken from annual salary, monthly salary.
This project can be used for general education or special education consumer economics or consumer mathematics classes. I have used it with my self-contained LD classes.
This project is apart of the Home Buying Unit.
Pg 1: project overview, home location research, home search
Pg 2-3: shopping for a mortgage
Pg 4: job/salary search, determine if your salary can pay for your home