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 plan presents the concept of interest rates and loan amortization using spreadsheets and online sources....
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
Buying a House - Home Loan
Students go though the steps of understanding the basic mortgage loan calculation on the worksheet.
Curated OER
Interest Rates
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...
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...
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...
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...
Curated OER
Home sales records
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...
Curated OER
ADULT ESOL LESSON PLAN--Level 5--Time and Money
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...
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...
Curated OER
Who Gets the Money?
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.
Carolina K-12
Personal Financial Literacy: Using Credit Wisely
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...
Curated OER
It's Your Future
Young scholars 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...
Curated OER
Thinking About Credit
Learners explore the concept of credit. In this credit lesson, students discuss what it means to buy items using credit. Learners discuss how interest accrues and how much is really being paid with a credit card. Students calculate...
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
Home Sales Records
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...
Curated OER
Thinking About Credit
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...
Curated OER
Stock Market Math
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...
Curated OER
Reforming Wall Street & its Booms, Bubbles & Busts
Young scholars 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...
Curated OER
What is Credit?
Students listen to a guest speaker discuss credit, and what lenders look for when approving loans. They investigate savings and loans, banks, credit unions and finance companies to find out what A.P.R. they charge for certain items.
Curated OER
"Reality Math: Fact or Fiction"
Students investigate the use of math in everyday life. They investigate several occupations and pay scales. They complete spreadsheets that show how monthly bills can be organized using technology. They use word processing software to...
Curated OER
How Can Entrepreneurs Control Costs?
Students investigate the fixed and variable costs that entrepreneurs face. They examine how entrepreneurs identify and control their costs in order to make a profit by completing a number of included activities.
Curated OER
How Can Entrepreneurs Control Costs?
Young scholars calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business...