Buying a House Project

Buying a House Project
Buying a House Project
Buying a House Project
Buying a House Project
Buying a House Project
Buying a House Project
Product Rating
7 Ratings
File Type

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45 KB|3 pages
Product Description
This is a real world application project that provides students with a scenario in which they are a bank manager making 50,000 a year. They have to calculate their budget using the budget template provided. After they budget they will have an idea of how much money they can spend on their house. They use real-life websites like to search for houses in the area. They must use a real house for sale and information from that sale in order to do the project. They will take the asking sale price of the home and plug it into a loan amortization schedule to see if they would be able to afford the house they want to purchase. Once they decide which house they want they must have the entire budget calculated, the loan amortization schedule completed, and they will write a one page summary of their home buying experience. Here they will include a picture or pictures of the house, explanation as to why they chose this home, and summarize the process they went through to determine they could afford this home. This project is a great project with actual real-world application all students need to know! Don't you wish we would have learned this process in high school?
Total Pages
3 pages
Answer Key
Teaching Duration
2 days
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