Back-End Ratio
What is it? The ratio of monthly housing costs (PITI) plus long-term debt service to total monthly income. (See front-end ratio, PITI)Added By: Drew
The Back-End Ratio definition has been viewed 48 Time(s)!
Send To Friends!
If you'd like to send the Back-End Ratio definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -We hope you now understand the meaning of Back-End Ratio. If you need any more information on this term, please don't hesitate to contact us.