Grade 9 Real Estate Math Worksheet

A worksheet for Grade 9 students covering real estate math concepts such as property taxes, mortgage calculations, and commission.

Grade 9 Math Financial LiteracyReal Estate Math

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Includes

Fill in the BlanksMultiple Choice2 Short AnswerTrue / FalseImage

Standards

CCSS.MATH.CONTENT.HSA.CED.A.1CCSS.MATH.CONTENT.HSF.BF.A.1aCCSS.MATH.CONTENT.HSN.Q.A.1

Topics

Real EstateMathFinancial LiteracyGrade 9

8 sections · Free to use · Printable

Real Estate Math

Name:

Date:

Score:

Read each question carefully and show all your work. Use the provided space for your answers.

1. If a house is assessed at $300,000 and the property tax rate is 1.5%, the annual property tax will be .

2. A property has an annual tax bill of $4,500. If the tax rate is 1.2%, the assessed value of the property is .

1. Which of the following is typically NOT included in a mortgage payment?

Principal

Interest

Property Taxes

Utility Bills

1. A real estate agent earns a 6% commission on a house sale. If the house sold for $450,000, how much commission did the agent earn?

1. Closing costs are expenses incurred by buyers and sellers when transferring ownership of a property.

True

False

2. A down payment is the full amount of money paid upfront for a property.

True

False

1. A buyer secured a mortgage for $280,000 to purchase a house valued at $350,000. Calculate the loan-to-value (LTV) ratio.