Question

 What is a good debt to income ratio?

Answer On One Hand: A Low DTI Is GoodThe debt to income ratio is calculated by dividing the total monthly debt payments of a borrower into his total monthly income. The lower a borrower's debt to income (... Read More »
http://www.answerbag.com/q_view/1944781

Top Q&A For: What is a good debt to income ratio

What is debt to income ratio?

A debt-to-income ratio measure how much money you owe compared to how much money you make. Most debt-to-income ratios use your pretax monthly income.TypesThe two most common debt-to-income ratios a... Read More »
http://www.answerbag.com/q_view/2008138

Debt to Income Ratio for Individuals?

A number of factors are considered when applying for a mortgage. Overall income and credit history are often the first things that come to mind when thinking about requirements for a mortgage. Howe... Read More »
http://www.ehow.com/about_6536389_debt-income-ratio-individuals.html

Debt to Income Ratio for a Mortgage?

To qualify for a mortgage loan, you must meet certain criteria. Mortgage lenders look at not only your credit score and monthly income, but also at debt. Many mortgage lenders focus on the debt to ... Read More »
http://www.ehow.com/about_6539093_debt-income-ratio-mortgage.html

What is the debt-to-income ratio for mortgages?

The debt-to-income ratio for mortgages is a method that lenders use to determine how much mortgage a consumer can afford. The standard ratio lenders use is 28/36. The first number represents the fr... Read More »
http://www.answerbag.com/q_view/2148254


feedback
loading