# How To Calculate Back End Ratio

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Back End Mortgage Ratio = (Total Monthly Expenses / Gross Monthly Income) 100 Example: A monthly income of a person is \$5000 who has total monthly expenses of \$2000.

Calculate Your Debt to Income Ratio Use this worksheet to figure your debt to income ratio. Generally speaking, a debt ratio greater than or equal to 40% indicates you are not a good credit risk for lending money to, particularly for large loans such as mortgages.

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Front-end ratios calculate the amount of gross income that goes towards housing costs. For a homeowner, the front-end ratio can be calculated by adding up all housing expenses such as mortgage payments and insurance, and dividing it by the homeowner’s gross income. For example, a consumer with a monthly gross income of \$4,000, who owes \$1,500 in monthly mortgage payments, would have a front-end DTI ratio of 38 percent. Back-end Ratios

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Front end ratio is a DTI calculation that includes all housing costs (mortgage or rent, private mortgage insurance, HOA fees, etc.)As a rule of thumb, lenders are looking for a front ratio of 28 percent or less. Back end ratio looks at your non-mortgage debt percentage, and it should be less than 36 percent if you are seeking a loan or line of credit.

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The back-end ratio is calculated by adding together all of a borrower’s monthly debt payments and dividing the sum by the borrower’s monthly income. Consider a borrower whose monthly income is.

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Formula for Back End Ratio Calculation. The back end ratio can be calculated from the formula Yearly Back End Ratio = (Your Annual Gross Salary x 0.43)/12 Monthly Back End Ratio = Your Monthly Gross Salary x 0.43

Back-End Ratio. Your back-end ratio looks at the relationship between your total monthly debts — everything from your minimum monthly credit card payments and auto loan payments to any debt you might be paying off in small-business loans or mortgage payments — and your gross monthly income.

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