Educational answer
Qualifying and Getting Ready
What is debt-to-income ratio, and why does it matter?
Sources researched September 13, 2026
Educational answer
Debt-to-income ratio, or DTI, compares qualifying monthly debt payments with qualifying gross monthly income. For example, $2,400 of monthly debt payments divided by $6,000 of monthly income equals 40%. The provider determines which income and obligations count under its program. DTI limits vary; one acceptable percentage does not guarantee approval.
Attribution: Site-prepared educational answer
Sources
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