Home buyers can simply enter their home price, downpayment, and loan information to obtain a estimate of their monthly housing expenses that includes mortgage payment, property taxes, insurance, HOA, and other housing expenses.
What does MHE stand for?
MHE stands for Monthly Housing Expense (finance)
This definition appears rarely and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of MHE
We have 54 other meanings of MHE in our Acronym Attic
- Mental Health Data Warehouse (New Zealand)
- Mladez Hrvatske Demokratske Zajednice (Croatian: Young Croatian Democratic Union; Croatia)
- Material Handling Engineering
- Material Handling Equipment
- Materials Handling Equipment (US DoD)
- Mechanized Handling Equipment
- Mental Health Evaluation
- Michael Hofmann Engineering (est. 1986; various locations)
- Midway Home Entertainment
- Ministry of Higher Education (Philippines)
- Most Harmful Event (transportation safety management)
- Mostly Harmless Econometrics
- Moving Horizon Estimation (automatic control)
- Multiple Headspace Extraction (gas chromatography)
- Multiple Hereditary Exostoses
- Maine Home Education Association
- Manufactured Home Energy Audit
- Maryland Home Education Association
- Master of Health
- Materials Handling Engineers Association
Samples in periodicals archive:
New Jersey employers have shed 94,400 jobs year to date, reducing the ability of households to meet monthly housing expenses.
This provides low income homeowners with a means to repair their homes while not increasing their monthly housing expense.
While the number of middle-class families saw at least one member lacking health insurance grow from 18 percent in 2000 to 25 percent in 2006, monthly housing expenses for the middle class rose by 9 percent.
In these types of loans, some commercial lenders may ask you for personal information, such as your monthly personal income and debt, determined by dividing monthly housing expenses by gross monthly income.
Freddie Mac's guideline is that the monthly housing expense should not be greater than 25 percent to 28 percent of the borrower's stable monthly income.