2. Lease Security deposit Landlord Tenant Front-end-ratio Back-end-ratio Condominium Co-op Escrow Recurring /Non-recurring costs Vocabulary to Know!!!! Amortization table Closing costs Earnest money deposit Attorney fee Origination fee Title search Points Origination points Equity

3. The length of a room is 25 feet. The floor plan scale is ½ inch = 3 feet. How long is the room on the plan?

4. Brian owns 5% of his co-op. There are a total of 18,000 shares. How many shares does he own?

5. Maddie just rented an apartment for $1200 per month. She was told that the rent will increase 3% per year. How much will she pay after 6 years?

6. Allie just got a $250,000 mortgage with a 4.5% APR. How much of her first month’s payment will go to interest?

7. When Heather bought her house her annual property taxes were $2750.40. This past year they were $3454.30. What is the percent increase?

8. Lily bought a house for $340,000 with a 4.8% APR for 30 years. What will be her total interest paid?