Definitions for "Housing ratio"
Keywords:  piti, gross, ratio, monthly, divided
Also called Payment-to-Income Ratio or Front-End Ratio. The ratio of the monthly housing payment to total gross monthly income.
The relationship of the total housing payments (PITI- Principal, Interest, Taxes, Insurance) to the gross monthly income.
Sometimes called the payment-to-income ratio, it's the ratio of the monthly housing payment (PITI) to total gross monthly income.