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debt-to-income ratio |
The ratio (percentage) of an individual's monthly income that will be needed to pay for all monthly expenses including principal, interest, tax and insurance (PITI). The relationship between a borrower's total monthly debt payments, including the proposed housing expenses, and his/her gross monthly income (debt-to-income ratio) is used in determining the mortgage bond amount that a borrower qualifies for. Would you like to add another definition for "debt-to-income ratio" to the Real Estate Dictionary? Terms that closely resemble "debt_to_income_ratio":debt-to-income ratio - The ratio (percentage) of an individual's monthly income that will be nee...0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z |
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