It's nice to see a follow Illinois Resident. :) Yes, Shane is correct in both his primary post and follow-up. In the case of a car payment, it'll be >$100/mo so it would be included. If you can pay it off, do so now or hope that your loan gets an automated approval and that the lender doesn't deny the file for high ratios (a previous company I used to work for would often do this if you were >50% debt-to-income, even with an automated approval).
Best of luck!