What is TOTAL HOUSING EXPENSE?

Amount a home owner spends on payments for mortgage, insurance, fees, taxes and related expenses added to all household debts that are still outstanding.

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Related Legal Terms
EXPENSE LOADING, EXPENSE RATIO, ADDITIONAL LIVING EXPENSE INSURANCE, MOVING EXPENSE DEDUCTION, TOTAL DEBT TO TOTAL ASSETS RATIO, MEDICAL EXPENSE INSURANCE, BLANKET MEDICAL EXPENSE INSURANCE, TOTAL DEBT SERVICE (TDS), MEALS AND ENTERTAINMENT EXPENSE, EXPENSE CONSTANT


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