Problem-Solving Activity

“How can we help learners understand the relationship between interest rate, down payment, and monthly payments in a creative way?”

As homebuyers may know, there is a direct correlation between interest rate, down payment, and monthly payment. The challenge is to try to explain this concept to people who have yet to purchase a home. Our solution was to use data from an online mortgage calculator and convert that information into an eLearning experience. With the help of simulated dials, the learners selected interest rates and down payments to reveal the impact on the monthly payments. This interaction encouraged learners to explore and helped them understand how these concepts are connected.

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