If you’re worried about debt, you’re not alone. According to the Federal Reserve, Americans lose nearly 10% of their disposable income to personal debt. Lenders don’t mind debt if your income is high ...

To calculate your debt-to-income ratio, add up your monthly debt payments and divide this figure by your gross monthly income. While every lender and product will have different ranges, a DTI of 50 ...

Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

One major factor lenders consider when reviewing your mortgage application is your debt-to-income ratio (DTI). Essentially, how much of your paycheck goes toward paying down debts. A lower DTI tells ...

Debt-to-income ratio, or DTI, is one of the metrics lenders use to determine a person or organization’s ability to make mortgage payments and repay other debts. It is calculated by dividing an ...

Lenders typically prefer a front-end DTI of 28% or less and a back-end DTI of 36% or less Written By Written by Contributor, Buy Side Daria Uhlig is a contributor to Buy Side and expert on mortgages ...