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CALCULATE: Impact of Credit Score on Loans
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CALCULATE: Impact of Credit Score on Loans

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Grade Level Grades 9-12
Resource Type Activity
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About This Lesson

Have your students ever wondered  how much of an impact a credit score can have on a  loan? In this activity, students will calculate the APR, monthly payment, and total interest for both a car payment and a home mortgage. They will then analyze how different credit scores affect these values.

Next Gen Personal Finance offers a full semester course curriculum, individual lessons, and hundreds of projects, activities, case studies, and interactives for your personal finance class -- all for free. You can find the entire course, answer keys (with a free, verified teacher account) and the customizable format of this document as well as our professional development opportunities, at ngpf.org

Resources

Files

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EdBrAIn uses AI to customize lesson resources for your students’ needs.

PROJECT_ Overdraft Fee Analysis (#6) (1).pdf

Activity
February 13, 2020
174.04 KB
beta
EdBrAIn uses AI to customize lesson resources for your students’ needs.

CALCULATE_ Impact of Credit Score on Loans.pdf

Activity
August 4, 2023
367.84 KB

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