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单词 total housing expense
释义

total housing expense

Definition
The total amount that a homeowner spends on mortgage payments, property insurance, homeowner's association fees, property taxes and other home-related reoccurring expenses, plus whatever amount is required to service all outstanding household debts. This number is used by financial institutions to calculate creditworthiness and interest rates for loans.
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更新时间:2025/2/2 13:18:25