Your Debt to Income ratio can have a very dramatic affect on your ability to obtain a loan. Lenders will look at this ratio as well as your credit score. They want to ensure that you will be able to repay the loan. There are two important ratios that most lenders use to determine your ability to repay.

The terms that lenders use to describe these ratios vary slightly from lender to lender. The first of these two numbers is sometimes referred to as your "back-end". This ratio is basically your total debt to income ratio. The second ratio is sometimes referred to as your "front-end". Usually, this ratio is considered your housing expenses to income ratio. The following calculator will help you determine both of these ratios.