Back End Ratio (debt ratio)
2 definitions

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.

FK Reading Ease
41.6

FK Grade Level
College
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  • 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.

    FK Reading Ease
    41.6

    FK Grade Level
    College
  • Flag