Affordability

Over 2200 Glossary Terms

Affordability

An estimate as to how much a person can afford in order to purchase a home. Affordability gives the consumer a possible price that they could be approved for and also gives the amount they will be required to pay for their mortgage payment.

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Loan Type Today
30 yr fixed 5.03
15 yr fixed 4.58
5/1 ARM 3.99

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