Over the course of August at Venice Marco Polo Airport, the length of the day is rapidly decreasing. From the start to the end of the month, the length of the day decreases by 1 hour, 25 minutes, implying an average daily decrease of 2 minutes, 49 seconds, and weekly decrease of 19 minutes, 46 seconds.
Front-End Ratio. A ratio of an individual's monthly mortgage expenses to his/her monthly income. The expenses used in this calculation are usually the principal, interest, taxes, and insurance that an individual owes on a monthly basis. Mortgage lenders often use front-end ratios to determine whether an individual has sufficient income in order to qualify for a mortgage.
How Much Income Do I Need? Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ratio) used in this calculation is 30%. The housing expense, or front ratio, compares your total mortgage payment to your monthly income. The total debt expense ratio (or back ratio) is 36%. This total debt expense, or back ratio, compares your total monthly obligations including your total mortgage payment to your monthly income.