Housing Expense Ratio

Housing Expense Ratio,

What Does Housing Expense Ratio Mean?

Definition of Housing Expense Ratio: Housing cost ratio is an index that compares housing costs to pre-tax income. Lenders often use it to qualify lenders.

Literal Meanings of Housing Expense Ratio

Housing:

Meanings of Housing:
  1. Houses and apartments are viewed collectively.

  2. Difficult matter connecting and protecting sensitive or mobile devices.

  3. A hole or crack is made in a piece of wood so that another piece can be attached to it.

  4. A cloth cover that is placed over the horse for protection or decoration.

Sentences of Housing
  1. Affordable housing

  2. Greenhall added: "Noise will not be a problem because of the modern noise equipment and speakers.

  3. Which box / fence is designed for wet areas?

  4. Outside were elephants and horses, luxurious dwellings, armchairs and garbage trucks, four vehicles in hand, then Rolls-Royce and Daimler.

Synonyms of Housing

shell, covering, cover, enclosure, casing, holder, sheath, houses, homes, encasement, capsule, container, case, buildings, places of residence, jacket

Expense:

Meanings of Expense:
  1. Compensation in respect of tax base (item of expenses)

  2. The price of something, the money spent on something.

Sentences of Expense
  1. This year, up to 17,500 investments can be received

  2. We order apparel at a high price

Synonyms of Expense

cost, price

Ratio:

Meanings of Ratio:
  1. A quantitative relationship between two quantities that indicates how many times one value is included or whether another quantity is included.

Sentences of Ratio
  1. The male-female employment ratio is 8 to 1

Synonyms of Ratio

balance, correspondence, proportion, comparative extent, correlation, comparative number, relationship, quantitative relation