Mortgages
Other
9th - 12th Grade
CCSS covered
Used 306+ times
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12 questions
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1.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What happens to the loan amount when you put down a larger down payment?
Tags
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What happens to the cost of a loan when the APR is higher?
Tags
CCSS.6.RP.A.3A
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the consequence of having a poor credit score?
4.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
I avoid paying a PMI if I make a down payment of __________________ or more.
Tags
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
20 sec • 1 pt
I avoid paying a PMI if I make a down payment of __________________ or more.
6.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
You want to pay less in overall interest. Every loan APR is the same. Select the best mortgage for you.
Tags
CCSS.8.F.A.2
CCSS.HSF.IF.C.9
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A home is often a better investment than the stock market.
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