Although your students won’t likely be buying a home soon, it’s never too early to learn what a mortgage is, what a second mortgage is, and the differences between 15- & 30-year mortgages. Once students understand these terms, it makes it easier to understand the math behind them. These notes serve as a great precursor to the other math-centered mortgage activities that focus on mortgage payments, amortization tables, & monthly payments. Great for math & financial literacy classrooms