Debt To Income Ratio Calculator

How do Mortgage Underwriters Calculate Debt-To-Income Ratio?

There are two types of debt-to-income ratios. The front-end debt to income ratio, also called the housing ratio, is your total monthly housing payment divided by your gross monthly pre-taxed income. Your back-end debt-to-income ratio is calculated by adding your housing payment plus the sum of all of your monthly minimum payments and dividing it by your monthly gross pre-taxed income.

Read more on https://gustancho.com/best-mortgage-calculator

Decided yet? LET US HELP YOU! Contact the Gustan Cho Team at 800.900.8569 or send a text message for a faster response. Or write to us at [email protected]. We are available 7 days a week, in the evening, on weekends and holidays 📱 📧

❗️❗️✅✅✅ APPLY NOW ✅✅✅❗️❗️
https://gustancho.com/fast-quote

***Gustan Cho Associates is licensed in 48 states! Apply NOW with Gustan Cho Associates and leave it to us to qualify you and get you approved for a mortgage.***

#debttoincomeratios #mortgage #mortgagecalculator #mortgagerates #homeloans #dreamhome #ownhouse #knowledge