Definition of "What is a front-end ratio?"

Richard Wilson real estate agent

Written by

Richard Wilsonelite badge icon

Century 21 Beggins

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest, property taxes, and insurance (OITI)-compared to the borrowers gross, pretax monthly income.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Questions

Popular Real Estate Glossary Terms

Worth of property based on the relevant economic factors (e.g., state of the economy, unemployment rate). ...

(1) Method of measurement lumber using the board foot cubic measure. The board measure is used to estimate quantities and prices of lumber materials. (2) Method of estimating lumber ...

Legal action between a plaintiff and defendant. ...

English style of architecture characterized by carving and paneling and flattened arches. ...

In between, intermediate, intervening; passing an interest from a principal to a second party and then to a third party. ...

Levied on those benefiting from the installation of a sewer. ...

A mortgage on which the interest rate is constant, but the payments are structured to increase, so the loan is paid off much earlier. ...

An agreement, debt, or low which can be operationalized, fulfilled, completed, or performed. ...

A lease contract to possess a parcel or property for a certain period of time. A leased fee estate is a conditional estate conveyance in real property for a specified period of time. The ...