Buying a Home: Income vs. Monthly Payments

This Buying a Home: Income vs. Monthly Payments lesson plan also includes:

Purchasing a house takes more plan than elementary schoolers realize. Each buyer will look at monthly income to determine what they can afford for a mortgage and other expenses. 

16 Views 8 Downloads
Additional Tags
Instructional Ideas
  • Bring in a local house listing to compare how amenities increase the price
Classroom Considerations
  • House costs are low in the handout; adjust based on your location and average prices
Pros
  • An introduction into a topic they might never learn about 
  • Thorough lesson which includes all handouts and discussion prompts
Cons
  • None