Read/review the following resources for this activity:
Knewton assignments
Textbook (Math In Society): Chapter 9
Lesson in Canvas
Mortgage Journal TemplateLinks to an external site.
Use websites like Zillow.com or Realtor.com to find a house/condo/townhome in your area that you would want to purchase. Provide a screenshot of the house, price, and description in your journal and link to the specific home in case further information needs to be extracted.
Your instructor will act as your bank lender and will provide you with the specifics of the mortgage that you will acquire:
Down payment required
Number of points at closing
Time frame for loan
Interest rate
Annual insurance amount
Annual property taxes amount
Mortgage Journal
Mortgage Journal
Last Completed Projects
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