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 plan presents the concept of interest rates and loan amortization using spreadsheets and online...

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...

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...

Students go though the steps of understanding the basic mortgage loan calculation on the worksheet.

Use a KWL chart and discussion to explore the concept behind loans with interest based on percentage rates. Learners examine different types of interest, the history of interest loans and calculate the costs of a loan over a ten-year...

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...

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...

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...

Practice consumer mathematics through by investigating home mortgages. Budding economists find the interest rates for 30-year and 15-year loans and calculate the estimated monthly payments. They use their data to compare periods of time...

Students, after defining and reviewing the extensive list of vocabulary words on the board, examine various banking systems and terms (loans, interest rates, investments, mortgages, etc.). They also show mastery of this task by...

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.

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. 

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...

Students determine the characteristics of a good loan. Using a Loan Considerations worksheet, they examine and discuss their assigned credit area and list what characteristics, as a lender, a repayable loan should have.

What is credit, and what are its advantages and disadvantages for purchases? Your class members will learn about different types of loans, such as student and mortgage, how interest factors into credit use, credit reports, and ultimately...

Who wouldn't want to be a millionaire? The 34th installment of a 35-part module prompts young economists to calculate the monthly payments necessary to save a million dollars by age 40. As with car loans, annuity payments, and mortgages,...

Students learn about productive resources along with their requirements, supply and demand, savings, investments and interest rates. In this supply and demand lesson, students create a career plan and personal budget of their own and...

Students explore the concept of credit. In this credit lesson plan, students discuss what it means to buy items using credit. Students discuss how interest accrues and how much is really being paid with a credit card. Students calculate...

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...

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. 

Teach your class how to calculate monthly payments on a home mortgage. In this percent lesson, students calculate the monthly payment on a home mortgage, and compare different lengths of time and the interest rates for national median...

Students examine the use of credit such as installment purchases and credit cards. In this credit lesson, students learn the vocabulary associated with credit usage such as mortgage, credit report/score, and debit cards. They determine...

Students select a company that they like and using technology, in teams, they prepare a class presentation about their company. The class have the option to buy stock or choose a competitor. Each team research a company and buy...

Learners examine Wall Street Reform. In this current events lesson, students read the provided articles "Why a Financial Crisis?," "Deception and Leadership Failure=Boom, Bubble, Burst," and "How Can a Future Financial Crisis be...