When a house's price is within the financial means of a consumer. Affordability is generally represented by the absolute highest price the consumer can pay for a house, while being authorized for the mortgage necessary to pay that price.
Related information about affordability:
- affordability - Wiktionary
affordability (uncountable) ... First-time home buyers are feeling the squeeze of higher interest rates with mortgage affordability at its worst level for 16 years.
- affordability - definition of affordability by the Free Online Dictionary ...
af·ford·a·ble ( -fôr d -b l, -f r -). adj. That can be afforded: affordable housing; an affordable risk. af·ford a·bil i·ty n. af·ford a·bly adv. Translations. affordability ...
- What is affordability? definition and meaning
Definition of affordability: Conclusion drawn from the analysis of the 'life cycle cost' of a proposed acquisition, that the purchase is in accord with the resources ...
- Housing Affordability Index - Wikipedia, the free encyclopedia
Housing Affordability Index. From Wikipedia, the free encyclopedia. Jump to: navigation, search. A Housing Affordability Index is an index which rates housing ...
- Affordability Calculators | CENTURY 21
Century21's Affordability Calculators provides an estimate of the home price you can afford. Find a home within your budget using Century21's affordability ...
- Design for Extreme Affordability
Design for Extreme Affordability makes real world impact for those who need it the most. Check out class projects. Design for Extreme Affordability is a two ...
- College Affordability and Transparency Center - Higher Education ...
College Affordability and Transparency Center. Tell me more. Which colleges have the highest and lowest tuition and net prices? Use the options below to ...
- Welcome to The H+T Affordability Index
When transportation costs are added to the housing affordability equation, the number of affordable neighborhoods (in yellow) declines. Compare affordability ...