What is the debt-to-income ratio for a mortgage?

Debt-to-income ratio (DTI) is your total monthly debt payments divided by your gross monthly income. Most loans want your DTI at or below 43%, though FHA and automated approvals stretch to 50% or higher with strong compensating factors.

Lenders look at two numbers: the housing payment alone and total debt. Paying down a card or auto loan before applying can meaningfully raise your price range. We'll calculate your exact DTI and what room you have.

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