Front-end ratio definition

Front-end ratio means the ratio between monthly household income and monthly housing cost, including first mortgage principal, interest, taxes and insurance.
Front-end ratio means the total monthly household expense, which includes the payment of principal, interest, taxes, insurance and, if applicable, homeowner’s association dues.

Related to Front-end ratio

  • Load Ratio Share means the ratio of a Transmission Customer’s Network Load to the Transmission Provider’s total load.

  • Liquidity Ratio means (i) the sum of Cash plus Eligible Accounts, divided by (ii) the outstanding principal amount of the Obligations owing by Borrower to Bank.

  • Equity Ratio means the ratio of Equity to Total Assets.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (i) Consolidated Total Indebtedness secured on a first lien basis, net of Unrestricted Cash, as of the last day of such Test Period, to (ii) Consolidated EBITDA for such Test Period.

  • Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the applicable period of four consecutive fiscal quarters.