For example, if your lender's front ratio reference is 28 it means that you're only allowed to use 0.28 x $ 5,416 or 1,516 for housing expense. (debtfirms.com)
For example, if your front ratio is slightly higher than the FHA's preference, but you have excellent credit, you might still be approved for the loan. (homebuyinginstitute.com)
The housing expense, or front ratio, compares your total mortgage payment to your monthly income. (resourcelenders.com)