In this supplemental activity students will determine whether this family can afford the mortgage they are being offered. Through this activity, students will learn about mortgage, interest rates, principal and interest, and mortgage qualification criteria. Students will read the scenario and answer questions.
Can John and Marsha afford the home of their dreams?
Essential Activity
30 MIN(S)
Resources
Can John and Marsha afford the home of their dreams
Can John and Marsha afford the home of their dreams Answer Key