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Home FAQ Real Estate Dictionary D Debt Ratio

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Debt Ratio

DATE ADDED:
Tuesday, 07 April 2009
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Also known as Debt-to-Income ratio. A comparison of the total monthly payments of all of the borrower's debts (including the mortgage) with the gross monthly income of the borrower, used to assess borrower's ability to pay mortgage.

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Real Estate Definitions , Real Estate Dictionary , Real Estate Terminology

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