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SourceLaw Dictionary Browse Letter B

Back End Ratio (debt Ratio)

Legal definition for Indian law research

Definition

back end ratio (debt ratio)


a ratio that compares the total of all monthly debt payments (mortgage, real estate taxes and insurance, car loans, and other consumer loans) to gross monthly income.



Source: U.S. Department of Housing and Urban Development


Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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