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WorksheetsHousing Vocabulary
Total questions: 14
Worksheet time: 3hrs 6mins
What is the loan from the bank for the purchase of a house?
Credit Score
Mortgage
Rent
Pool
An (a) is something you fill out to rent a home or apartment.
Which statement below is TRUE?
After selling your home, you could make a profit.
After renting, you can make a profit off the home.
Which statement below is TRUE?
You will always make more money buying a home than renting.
Renting could help you save money so that you can invest it in stocks.
Which statement below is TRUE?
Buying a home has the potential for more expenses.
Renting has the potential for more expenses.
The agreement between a renter and a landlord is:
Security Deposit
Mortgage
Lease
Deed
A larger down payment will reduce the amount of the mortgage needed.
True
False
What is part of your mortgage payment?
rent
credit score
escrow
electricity
The original amount of a loan, excluding interest.
Principal
Equity
Gross Income
Application
A public record of how you've managed your credit and debt in your past, including credit cards, loans and other leases.
Credit History
Credit Reprort
Credit Score
Credit Limit
