Dilzer Consultants - Investments and Financial Planning

An ISO 9001 (2008) Certified Company


How much loan can I afford at a time?

While technology has altered the way loans are disbursed, the canons of prudent borrowing remain unchanged. It still doesn’t make sense to borrow if you don’t need the money. Or take a long-term loan only to enjoy the tax benefits available on the interest you pay. When calculating your allowable amount of debt, you need to know two terms:front-end ratio and back-end ratio.  A front end ratio indicates what portion of an individual’s income is used to make mortgage payments. It is calculated as an […]

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