
Housing, Cars, Investments, Banking
Quiz
•
9th - 12th Grade
•
Medium
Michael Prewitt
Used 35+ times
FREE Resource
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25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your house payment should only be ____ of your monthly income
1/3
2/3
1/2
3/4
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The bank will loan you ____ times your yearly income to buy a house?
3
2
1
10
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Your bank will loan you up to _____ % of the appraised value of your prospective home purchase.
95
90
100
75
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The value of your house minus what you owe on the home is called your _______.
interest rate
loan pay off
equity
coupon rate
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of these items can you change when you rent an apartment?
the location of the walls
the flooring
the furniture
the countertops
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which one of these is not part of a car deal?
interest rate
trade in value
purchase price
mortgage rate
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
a type of car insurance where you are covered if the accident is your fault
liability
collision
renters
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