Worksheet Generator · Buying a House
Mortgage Calculation Worksheet Generator
Make mortgage calculation worksheets in seconds. Each one names a student buying a house at a given price, then asks them to figure the 20% down payment, the amount to be financed, the total closing costs (seven fees added up), and the total mortgage loan. A clear, concrete introduction to mortgages and buying a house — printable, with a built-in answer key. Included with your full Money Instructor membership.
Make a Worksheet
Build your mortgage calculation worksheet
How It Works
Make a worksheet in four steps
- Choose your options. Set how many worksheets you want, add your students’ names, pick the maximum house price, and keep the answer key on.
- Generate. Press Generate worksheet — the tool builds a house price and a fresh set of closing-cost fees.
- Students solve it. They compute the down payment, the amount to be financed, the total closing costs, and the total mortgage loan.
- Print or grade. Keep Include answer key on to print every figure filled in, or press ↻ New version for a fresh one.
In the Classroom
Six ways to use it
Down payment & percentages
The core skill: students find 20% of the house price to compute the down payment.
Adding & subtracting money
Subtracting the down payment, adding seven closing-cost fees, and totaling the loan is real, everyday money math.
How a mortgage works
Students see the moving parts of a home loan — down payment, amount financed, closing costs, and the total mortgage.
Buying a house
A concrete first look at the biggest purchase most people make — what it really costs to borrow for a home.
Life skills & personal finance
A natural fit for a budgeting, consumer-math, or life-skills unit on big purchases and borrowing.
Sub plans & homeschool
A no-prep, self-checking worksheet with an answer key — a new house and fees every time.
What It Teaches
Mortgage skills students build
A house is the most expensive thing most people ever buy, so they borrow to pay for it with a mortgage loan. To work out how big a mortgage you need, you start with the house price, subtract the down payment (often 20%) to get the amount to be financed, add up the closing costs, and total it all into the mortgage loan. Working through that calculation is a clear introduction to home loans. Pair this with the credit and borrowing lessons and the other worksheet generators for a complete personal-finance unit.
- Compute a 20% down payment on a house price
- Subtract the down payment to find the amount to be financed
- Add up seven closing-cost fees
- Total the mortgage loan (amount financed + closing costs)
- Understand the basic parts of buying a house with a loan
Common Questions
Mortgage Calculation Worksheet FAQ
Do I need a membership to use this generator?
Yes — the generator is a full Money Instructor membership feature (the paid plan, not a free account). Full members can make and print unlimited worksheets with answer keys. The page itself is free to read.
How does the worksheet work?
Each worksheet names a student buying a house at a given price. The table gives the house price and seven closing-cost fees; students compute the down payment (20%), the amount to be financed, the total closing costs, and the total mortgage loan. The answer key fills in all four figures.
What is a down payment and closing costs?
A down payment is the part of the price you pay up front — often 20% — instead of borrowing it. Closing costs are the extra fees for getting the loan (origination, appraisal, title insurance, and more). The mortgage loan covers the rest of the price plus those closing costs.
Can I personalize it?
Yes. Add your students’ names (one per line) and set the maximum house price ($150,000 up to $1,000,000). Set Number of worksheets up to 5 to print different versions, each with its own house price and fees.
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