Home > Glossary > Affordability
Meaning / Definition of
Affordability
Categories: Loan and Mortgage, Credit and Debt, Real Estate,
A consumer's capacity to afford a house. Affordability is usually expressed in terms of the maximum price the consumer could pay for a house, and be approved for the mortgage required to pay that amount. Read How Much House Can You Afford? , How Much House Should You Buy? and Mortgage Affordability: Should Government Require It?
Featured term of the day
Definition / Meaning of
Americans With Disabilities Act (ADA) Of 1990
Categories: Insurance,
removed
Most popular terms
1. Gramm-Leach-Bliley Act2. Use In Commerce
3. Limited Severability Provision
4. Franchised Monopoly
5. Employee Retirement Income Security Act Section 404(c)
6. Separate Account Fund
7. Community Reinvestment Act Of 1977
8. Mortgage (mortgagee) Clause
9. Lead Time
10. Fund Of Funds (FOF)
Search a term
Browse by alphabet
| A | B | C | D | E | F | G |
| H | I | J | K | L | M | N |
| O | P | Q | R | S | T | U |
| V | W | X | Y | Z | # |
Browse by category
AccountingBanking
Bankruptcy Assistance
Bonds and Treasuries
Brokerages
Business and Management
Compliance and Governance
Credit and Debt
E-commerce
Economics
Estate Planning
Forex
Fraud
Fundamental Analysis
Futures
Global
Insurance
International Trade
Investing and Trading
Ipos
Legal
Loan and Mortgage
Mergers and Acquisitions
Mutual Funds
Operation and Production
Options
Patent
Personnel Management
Real Estate
Retirement and Pension
Statistics and Risk Management
Stocks
Strategies
Tax
Technical Analysis
Venture Capital