Debt Ratio Calculator
Debt ratio is an important indicator for calculating repayment requirements for mortgages and assessing the customer's debt / equity ratio. The term is often used to measure how high the partner's debt is in relation to their income. According to this concept, child support is considered as an income, while CSN loan is considered as a debt.
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If the debt ratio exceeds 450% of partner's annual income before tax, then stricter amortization requirements applied. For more information, please refer to Home Finance section in Economyaat Academy