Unit 3: Financial Decisions
Lesson 1
Home Financing
TARGET:
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I can identify benefits and disadvantages of home ownership
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I can identify and calculate parts of the Final settlement when purchasing a home
Lesson 2
Home Finance: Loan Types and Payments
TARGET:
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I can use the 25% housing rule to find how much house I can afford
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I understand the differences between fixed, arm, and balloon loans.
Lesson 3
Automobile Financing
TARGET:
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I can calculate the monthly payment of a car loan
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I can use a monthly payment to determine the maximum car loan I can afford
Lesson 4
Home Insurance
TARGET:
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I can identify characteristics of home insurance
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I understand how deductibles work
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I can calculate insurance deductibles and payments
Lesson 5
Auto Insurance
TARGET:
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I understand the different types of auto insurance coverage
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I can calculate auto insurance premiums
Lesson 6
Types of Savings
TARGET:
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I can identify reasons to save
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I can identify characteristics of savings accounts