Buying a Home
Authored by Alyssa Gassel
Mathematics, Business, Life Skills
9th - 12th Grade
20 Questions
CCSS covered
Used 5+ times
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Buying a home will usually have fewer costs then renting.
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A larger down payment will reduce the amount of the mortgage needed.
True
False
Tags
CCSS.7.RP.A.3
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A common moving-in cost for an apartment would be:
A down payment
Building insurance
Real estate taxes
A security deposit
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word is another word for a property loan?
Down Payment
Financed
Interest
Mortgage
Principal
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.8.5
CCSS.RI.6.5
CCSS.RI.7.5
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What word means the part of the price paid at the time of purchase?
down payment
financed
interest
mortgage
principal
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a mortgate loan?
Free money
A loan from the bank to buy a boat
A loan from the bank to buy a house
A loan from a friend
Tags
CCSS.RF.3.3B
CCSS.RF.3.3C
CCSS.RF.3.3D
CCSS.RF.4.3A
CCSS.RF.5.3A
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the benefits to owning your own home:
Make changes whenever you feel like it
Have a place that is yours
Build wealth when you pay it off
all of the above
Tags
CCSS.RI.11-12.5
CCSS.RI.9-10.5
CCSS.RI.8.5
CCSS.RI. 9-10.8
CCSS.RI.11-12.8
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