Buying a House: Down Payments

Quiz
•
Mathematics
•
9th - 12th Grade
•
Easy
+3
Standards-aligned
Sally Padula
Used 69+ times
FREE Resource
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
John wants to purchase a $269,000 house. His bank is requiring a 15% down payment. How much will John's down payment be?
$15,000
$40,350
$228, 650
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Shane needs a 10% down payment to buy a $304,990 house. How much money will he need?
$30,499
$34,990
$100,00
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Sarah wants to buy a $180,500 house. She needs a 5% down payment. How much money will she need for the down payment?
$500
$5000
$9025
Tags
CCSS.7.EE.B.3
CCSS.7.RP.A.2
CCSS.7.RP.A.3
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Marshall needs a 15% down payment to buy a $357,600 house. How much money will he need for the down payment?
$15,000
$53,640
$57,600
Tags
CCSS.7.EE.B.3
CCSS.7.RP.A.3
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Noah wants to buy a $275,300 house. The bank requires a 20% down payment. How much money does he need for the down payment?
$53,000
$55,060
$75,300
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A down payment is.................?
the amount borrowed for a house needed in a check after purchase
the amount financed needed in cash after the time of purchase
a percent of the purchase price needed in cash at the time of purchase
Tags
CCSS.7.RP.A.2
CCSS.7.RP.A.3
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
Mrs. P wants to move to Alaska and buy a house. She finds a house for $110,400, but must have a 30% down payment. How much money does she need for the down payment
$12,000
$30,000
$33,120
Tags
CCSS.7.EE.B.3
CCSS.7.RP.A.2
CCSS.7.RP.A.3
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