Career and Technical Education (2021) Grade(s): 10-12 - Business Management and Administration
CTE21.BMA.BCM.3a
Calculate the components of a monthly mortgage payment including down payment, principal, interest, taxes, and insurance (PITI) and discuss what percentage of a person’s income should be set aside for a home purchase.
Calculate the components of a monthly mortgage payment including down payment, principal, interest, taxes, and insurance (PITI) and discuss what percentage of a person’s income should be set aside for a home purchase.
