Mortgage Payment to Income Ratio («Front Ratio») This is simply your new mortgage payment (including property taxes, homeowners insurance, mortgage insurance, and
home owners association dues if applicable) divided by your gross monthly income.
Those expenses may include: mortgage payments, utilities paid by the owner, repairs, insurance, property taxes,
home owners association dues, landscaping and property management.
Additional required amounts such as taxes, insurance,
home owner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered.