PricewaterhouseCoopers
Buying a Home: Mortgage Decisions
High schoolers don't think they need to know about mortgages, but with college and renting soon approaching, fiscal responsibility is necessary. Pupils learn the vocabulary of a mortgage and calculate different home values to determine...
PricewaterhouseCoopers
Buying a Home: Income vs. Monthly Payments
Purchasing a house takes more plan than elementary schoolers realize. Each buyer will look at monthly income to determine what they can afford for a mortgage and other expenses.
PwC Financial Literacy
Buying a Home: Terms of a Mortgage
Buying a home, dealing with a lender, securing a mortgage; these are daunting tasks for many adults. Why not teach middle schoolers about this area of adulthood so they are better-prepared to make the leap into home ownership when they...
Beyond Benign
All A Loan
When designing a house, it's important to know about percents. Through a series of three lessons, scholars first review percentages through an activity involving M&Ms and then apply that knowledge to calculate compound interest and...
Radford University
Surviving the Month
Pupils create budgets based upon family expenditures. They determine what the monthly payments will be for buying a car and a house based on compound interest for the total amount.
New York City Department of Education
The Game of Life
Academics use their research skills to create a financial guidebook for young adults. They also learn about the skills needed to be successful as an adult, including how to use credit cards and how to buy a car. Hands-on activities and...
Council for Economic Education
Loan Amortization - Mortgage
When you buy a home for $100,000, you pay $100,000—right? On the list of important things for individuals to understand, the lesson presents the concept of interest rates and loan amortization using spreadsheets and online sources....
Inside Mathematics
House Prices
Mortgages, payments, and wages correlate with each other. The short assessment presents scatter plots for young mathematicians to interpret. Class members interpret the scatter plots of price versus payment and wage versus payment for...
EngageNY
Buying a House
There's no place like home. Future home owners investigate the cost of buying a house in the 33rd installment of a 35-part module. They come to realize that the calculations are simply a variation of previous formulas involving car loans...
Conneticut Department of Education
Personal Finance Project Resource Book
Balancing a budget, paying taxes, and buying a home may feel out of reach for your high schoolers, but in their adult years they will thank you for the early tips. A set of five lessons integrates applicable money math activities with...
Practical Money Skills
Buying a Home
Guide high schoolers through the process of buying a house with a simulation lesson. As pupils learn about mortgages, renting versus buying, and home inspections, they discuss ways to make informed financial decisions and sound purchases.
Practical Money Skills
Living on Your Own
Every teen dreams of living independently, but often without thinking about the details and costs involved with moving out. Three lessons in a unit about living on your own focus on moving costs, fixed and flexible costs associated with...
Visa
Home Sweet Home: Purchasing a Place
While the process of buying a home can certainly be overwhelming, give your young adults a leg up for their future by introducing them to the components of a mortgage, as well as exploring the basic concept of credit and how to become...
Visa
Buying a Home
What is the difference between buying and renting a home? Learners become more informed consumers and financially literate adults after developing foundational knowledge of the home-buying process.
Curated OER
Loan Amortization - Mortgage
Upper graders explore the connection between interest and principal. They use an amortization schedule to determine the amount of principal paid vs interest on a $100,000 home loan. Fourteen discussion questions and a research-based...
Curated OER
Housing Project
Find everything you need for a two-week home construction simulation project for your high school economics class. They come up with the plans for a custom home including the cost per square foot, interest rate, mortgage term, down...
Curated OER
How Much Will That House Cost?
What is a mortgage and how do you use it to pay for a house? Young financiers determine how much money is actually spent paying a mortgage payment on a home. They use their math skills to calculate monthly payments on a home given a 30...
Curated OER
Money Conversations
Students participate in a conversation about money. In this money conversion instructional activity students discuss money in a variety of related topics. They respond to a conversation between a bank manager and a poor parent as well as...
Curated OER
It's Your Future!
Students explore the concept of getting a job and buying a home. In this getting a job and buying a home lesson, students research job qualifications and salaries for various jobs. Students discuss what is a mortgage and how one works.
Curated OER
Real Estate Lesson: Monthly Payments
Students examine real-world data relating to real estate. They conduct Internet research, record data regarding real estate in major cities, graph the data, calculate mortgage payments using a mortgage calculator, and analyze the data.
Curated OER
Using an Amortization Table
Students search the Internet to find a site that contains an amortization table and make a hypothesis about the results of changing time and rate. They examine the affects of time and rate on a mortgage and discuss the difference in the...