Mortgage Calculator Quiz

Quiz
•
Mathematics
•
10th Grade
•
Medium
Crystal Diaz
Used 1+ times
FREE Resource
13 questions
Show all answers
1.
MATH RESPONSE QUESTION
5 mins • 2 pts
Find the monthly mortgage for a $799,000 house in a 30 year mortgage with a 7.5% interest rate.
Mathematical Equivalence
ON
2.
MATH RESPONSE QUESTION
5 mins • 2 pts
What is the total interest paid to a $799,000 house in a 30 year mortgage with a 7.5% interest rate.
Mathematical Equivalence
ON
3.
MATH RESPONSE QUESTION
5 mins • 2 pts
How much will a buyer have paid after 30 years of paying a mortgage on a $799,000 house with a 7.5% interest rate.
Mathematical Equivalence
ON
4.
MATH RESPONSE QUESTION
5 mins • 2 pts
How much money will a buyer save in interest if they pay an addition $200 a month on a $799,000 mortgage with a 7.5% interest rate.
Mathematical Equivalence
ON
5.
MATH RESPONSE QUESTION
5 mins • 2 pts
How sooner will a person will a buyer payoff their mortgage if they pay an addition $200 a month on a $799,000 mortgage with a 7.5% interest rate.
(Indicate the number of months)
Mathematical Equivalence
ON
6.
MATH RESPONSE QUESTION
5 mins • 2 pts
Find the monthly mortgage for a $799,00 house in a 15 year mortgage with a 7.5% interest rate.
Mathematical Equivalence
ON
7.
MATH RESPONSE QUESTION
5 mins • 2 pts
How much money will a buyer save if they opt for a 15 year loan instead of a 30 year loan on a $799,000 mortgage with a 7.5% interest rate.
Mathematical Equivalence
ON
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