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FHA Loan:
FHA loan
FHA home buyer
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cash-out refinance
FHA secure loan
FHA 203k loan

Conventional:
mortgage loan
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interest only mortgage
investment property
adjustable rate mortgage
second mortgage
home equity line
stated income loan

VA Mortgage:
VA mortgage
VA home buyers
VA mortgage refinance

Other Programs:
reverse mortgage
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USDA loan
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single parent loans
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custom built homes
luxury home loan
second home mortgage
lot loans
bankruptcy buyout
balloon mortgage
hard money

Interest Rates:
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Loan Limits:
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Loan Help:
mortgage calculators
Basic Mortgage Payment Calculator payment calculator
PITI Payment Calculator PITI payment
Payment Amortization Calculator monthly amortization
How Much Home Calculator how much home
Payment Calculator With Annual Amortization annual amortization
Debt Ratio debt ratio
FHA Calculator FHA calculator
Bi-Weekly Payment Calculator bi-weekly payment
Debt Consolidation Calculator debt consolidation
Credit Card Payoff Calculator payoff credit cards
Interest Rate Calculator interest rate impact
Savings Calculator savings goal
Millionaire Calculator millionaire
Installment Loan Calculator installment loan
15 Year Vs. 30 Year Mortgage Calculator 15 vs. 30 year
80/20 Blended Rate Calculator 80/20 mortgage
Extra Payment Impact Calculator extra payments
ARM Vs. Fixed Rate Calculator ARM vs. fixed
Balloon Mortgage Calculator balloon loan
Credit Grade Calculator credit grade
Down Payment Calculator downpayment
Income Required Calculator income required
Complex Loan Amortization Calculator loan amortization
Maximum Mortgage Calculator maximum mtg
Tax Benefits Calculator tax benefits
Mortgage APR Calculator mortgage APR
Mortgage Points Calculator mortgage points
Refinance Calculator refinance
Investor ROI Calculator investor ROI
Pay Your Mortgage Off Early Calculator payoff mortgage
Rent Vs. Own Calculator rent vs. own
Invest Vs Prepay invest vs. prepay
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before you buy
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Questions & Answers:
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Debt-to-Income Ratio Calculator


Factoring your debt-to-income ratio is a critical step to qualifying for any mortgage program. This debt-to-income ratio calculator is designed to help you understand what you need to do in order to qualify and close on a mortgage loan. Today, the debt ratio requirements for an FHA loan are 29% front-end ratio and 41% back-end ratio, based upon gross income. Conventional loan debt ratios are 28% front-end and 36% back-end, based upon gross income. Front-end exceptions are made based upon back-end debt, in addition to credit quality for both-front and back-end.

Definitions:

Front-End Ratio - This is your proposed monthly PITI mortgage payment (Principal, Interest, Property Tax, and Insurance).
Back-End Ratio - This is the combined monthly payments for your proposed mortgage, installment loans, revolving credit card payments, child support, alimony, auto loans, student loans, and tax repayment plans. Also, it includes any repayment plans for collections & judgments. If you have less than 9 months of payments before they are paid off on any of the above, they are not considered to be apart of your back-end debt ratio.
What is NOT Factored - Do not include these debts as part of your ratio calculations: car insurance payments, health insurance payments, home phone bills, electric bills, gas bills, and other miscellaneous bills not reflected on your credit report.

Have questions? Use our quick quote to get a fast quote.

Debt Ratio Calculator
Monthly income (enter gross or net):
Spouse's monthly income (enter gross or net):
Other monthly income:
Monthly rent/mortgage payment:
Monthly 2nd mortgage payment:
Total of all monthly car/vehicle payments:
Total of all monthly credit union loan payments:
All other monthly consumer loan payments:
Total of all monthly minimum charge card payments (Visa, Mastercard, dept. store, etc.):
Other monthly payments:
Pending monthly loan payments:
Your total income:
Your total monthly payments:
Your debt ratio:

If your debt-to-income ratio is under 29/41, congratulations! You're doing a great job of managing your money. If your back end ratio is to high as a result of credit card debt or unsecured debts, consider checking out a not-for-profit debt management company that can help you both protect your credit and establish an affordable repayment plan to help you payoff your debts and get ready to buy a home!

 
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