Back End Ratio (debt Ratio) - Definition - Law Dictionary Home Dictionary Definition back-end-ratio-debt-ratio

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

View Judgments Citing this Phrase

View Acts Citing this Phrase