Affordability Analysis

Concept of Affordability Analysis in the context of Real Property

A short definition of Affordability Analysis: A method to determine the right purchase price and mortgage for a potential home buyer. The price of the home and its future expense, cost to obtain the loan and its future expense, as well as buyers income, expenses and assets are used to determine the financial feasibility of the purchase.

Concept of Affordability Analysis in the context of Real Property

A short definition of Affordability Analysis: A method to determine the right purchase price and mortgage for a potential home buyer. The price of the home and its future expense, cost to obtain the loan and its future expense, as well as buyers income, expenses and assets are used to determine the financial feasibility of the purchase.