Answers › What is debt-to-income (DTI)?
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What is debt-to-income (DTI)?
DTI is monthly debt payments divided by gross monthly income. Mortgage and personal-loan underwriters use it as a capacity check, not a personality test. Estimate it with the debt-to-income calculator before you shop a loan so the payment you want still fits the ratio lenders actually use.
Source: FAQ: Debt & credit. Educational only, not advice. Facets: topic debt · capital none · hours/week 1 · skill beginner.