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WorksheetsHouse Project
Total questions: 10
Worksheet time: 3hrs 30mins
What is an ARM Loan
An ARM loan is an adjustable-rate mortgage, a home loan with variable interest rate
A loan that is consistent and is not risky
A loan that is only available in Missouri
My house is located in
Texas
New York
North Carolina
Louisiana
Are houses more expensive in New York or Louisiana?
(a)
What Bank did we use for a loan?
Bank of America
Bank of Brookfeild
Wells Fargo Bank
What type of loan did we use?
30 year
15 year
5 year ARM
If Sandy has a 50,000 salary and Mike has a 40,000 salary how much do they have together.
9,000
100,000
90,000
900
Which is our house?
If Sandy and Mike have a visa card that costs $75 a month how much does that cost a year.
90
900
750
1000
How many beds and baths are there?
4 beds 2 bath
3 beds 3 bath
5 beds 3 bath
2 beds 1 bath
What percent of your budget should your Housing be
10%
50%
25%
19%
