Disposable Income


Definition of "Disposable income"

Sue Pinney
  Coldwell Banker Cornerstone

Personal income minus personal income tax payments and other government deductions. It is the personal income available for people to spend or save; also called take-home pay. It may be a critical factor to consider by prospective homebuyers.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Failure To Perform Exclusion

Coverage that is excluded under commercial general liability insurance (comprehensive general liabil ...

Unearned Increment

Unexpected increase in the price of property not due to any effort on the owner's part. An example i ...

Implied Easement

Property used consistently for many years by someone without challenge from the owner. Easement ...

Certificate Of Beneficial Interest

Document stating one has an ownership interest but not direct control in an asset, estate, or busine ...

Certificate Of Sale

Certificate issued to the buyer at a judicial sale, such as an execution sale. After the time for re ...

Incurred Loss Ratio

Proportion of losses incurred to premiums earned. This ratio indicates the amount of a premium dolla ...

Related Real Estate FAQ

What Is An APR And What Does It Include?

An APR stands for an ANNUAL PERCENTAGE RATE. This rate includes the costs of any points paid, mortga ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Gue ...

What Is A Loan-to-value (LTD) Ratio?

A loan-to-value ratio is used by lenders to state how much you have financed. If you put down 20 per ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is A Buyer's Agent?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is som ...

What Is An Escrow Officer?

An escrow officer - also known as a loan officer - is the person that walks you through the closing ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

What do Real Estate Attorneys do? Mortgage Loan Types When to buy a house Rent or Buy - the pros and cons What is Earnest Money

FAQ

What type of a home is a condominium? What is a fixed-rate mortgage? What does FSBO mean? Why should I use a real estate agent? What are discount points?