Second Home Affordability | Articles 

Second home affordability is often a key concern for many people when considering whether to buy a second home. Whether you are buying a vacation home, winter escape or part-time retirement home, affordability is an important consideration under any circumstance. For instance, should you purchase a waterfront beach house or a more modest vacation condo? Or should you buy a timeshare or fractional interest in a second home, which are typically more affordable? There’s no denying that affordability will necessarily have implications on your eventual purchase decision.

You may also have various questions about second home affordability generally. For instance, how difficult is it to secure a mortgage for a second home? What criteria do lenders consider? What general rules should I follow when considering whether I can afford a second home? How does rental income impact affordability? The topics on affordability are endless. The good news is that we continue to add more and more content.

Explore articles covering various topics related to second home affordability, including general rules of thumb, commons questions, data and statistics, rankings and more. In particular, topics include: How Much Vacation Home Can I Afford and others. Be sure to check back often as new topics are added.

You may also find our second home calculators particular useful, including our can i afford a vacation home calculator. From calculating the cost of owning a second home to determining how much you can afford, our calculators will help you crunch the numbers.

If you have any questions or comments, we would love to hear from you through the contact tab.