Real Estate License Exam Math: Commissions, Prorations & Loans
Hands-on practice for the math on US-style real estate license exams: commission splits, area and acres, property tax and mill rates, closing prorations with 365- and 360-day methods, LTV, payments and points, qualifying ratios, the three appraisal approaches and investment returns, every cell checked as you go. Independent practice, not affiliated with any state commission or exam provider; rules vary, check your state's rules.
The first lesson is free — no account needed.
About this course
Real estate exam math practice for the math questions on US-style real estate license exams, in graded spreadsheet labs instead of flash cards, for pre-licensing students and new agents. You split commissions between the co-op broker, the brokerage and the agent and solve for the sale price, measure irregular lots in square feet and acres and use the government survey system, turn market value into assessed value and a tax bill with mill rates, prorate taxes, rent and HOA dues with the 365-day and 360-day methods, compute LTV, the monthly payment and the cost of discount points, check front-end and back-end qualifying ratios, value a house with the three appraisal approaches and screen rentals by cap rate, GRM and cash-on-cash return. Independent practice, not affiliated with any state commission or exam provider. Rules vary, so check your state's rules. The first lab is free.
Lessons
- Commission Splits: Broker, Agent, Co-op & Graduated RatesFree
- Area & Price per Square Foot: Irregular Lots, Acres & Sections Pro
- Property Tax: Assessed Value, Exemptions & Mill Rates Pro
- Prorations at Closing: Taxes, Rent & HOA (365 vs 360 Days) Pro
- Loan Math: LTV, Monthly Payment & Discount Points Pro
- Qualifying Ratios: Front-End & Back-End DTI Pro
- Appraisal Math: Sales Comparison, Cost & Income Approaches Pro
- Investment Returns: Cap Rate, GRM & Cash-on-Cash (Chart) Pro