Income vs. monthly payments (Grades 3-5)

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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