Mortgage Navigator • Conventional • Debts & DTI
Lease payments
A lease ending next month can still count because another housing or vehicle obligation usually replaces it.
Fannie
Fannie requires lease payments to be treated as recurring monthly obligations regardless of the number of months remaining.
Freddie
Freddie also treats monthly lease obligations as debt unless a permitted exclusion—such as documented payments by another party—applies.
Mortgage myth: the “10 payments or fewer” installment-loan concept should not be applied to an auto lease.
Official guide baseline
Fannie Mae Selling Guide · Freddie Mac Seller/Servicer Guide
Debt treatment can change with documentation, remaining term and AUS feedback. Current agency guide controls.