Income vs. monthly payments (Grades 3-5)

Rating
No votes yet
271 Downloads 643 Views Updated: Friday, October 7, 2016 - 3:09pm
Share with a friend

Home Buying: Students will learn about factors people usually consider when choosing a place to live, as well as the characteristics of the homes that need to be studied. Students will learn how a house's characteristics and amenities impact the cost of the home. Students will explore what might be an affordable monthly payment based on income and other expenses. Lastly, students will calculate a very basic total cost of a mortgage in order to understand the cost of interest. **Note that this module is part of PwC’s Earn Your Future™ financial literacy curriculum. FinLit