5.4 Amortization House Budget

1. 1A. What is Andrea's monthly net pay?

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CCSS.6.NS.B.3

1B. Andrea's net pay is $2,342.12, what is Andrea's monthly budget after she pays her bills?

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CCSS.5.NBT.B.7

1C. How much of her $1,023.18 is Andrea budgeting for her down payment?

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CCSS.6.EE.B.6

1C. How many months will it take for her to reach her down payment given she can save $340.72 a month?

• 13

• 14

• 15

• 16

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CCSS.6.EE.B.7

1D. What is her monthly budget without rent and utilities?

1E. How much will she have for rent and utilities, given she has $2164.96 per month to work with?

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CCSS.6.EE.B.6

What is the House #1 payment with utilities?

What is House #2 payment with utilites?

What is House #3 payment with utilities?

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CCSS.6.EE.B.6

Which house fits within her budget?

• House #1

• House #2

• House #3

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CCSS.7.EE.B.4B