Mortgage Definition
Townhouse
A multi-story home that shares one or more walls with adjacent properties but has its own entrance. Often a middle ground between single-family homes and condos.
Why it matters
This concept influences either your monthly payment, your upfront cash requirements, or your risk profile over time. Knowing the definition helps you make cleaner rent-vs-buy decisions.
Related terms
Related tools
- Mortgage Calculator
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- Affordability Calculator
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- Closing Costs Calculator
Estimate cash-to-close so you can compare monthly and upfront costs together.
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