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2. Should you use your home equity to pay off high-interest debt?

   www.aol.com/finance/home-equity-loan-pay-off...

   To calculate your DTI, first add up your monthly debt payments — housing expenses, credit card repayments, loan repayments and more. Then divide your total debt by your gross or pre-tax monthly ...

3. Here's How Much Debt You Can Have and Still Get a Mortgage - AOL

   www.aol.com/heres-much-debt-still-mortgage...

   For example, if your pre-tax monthly income is $8,000 and your mortgage payment is $2,000, you have a front-end ratio of 25% (meaning that your mortgage consumes 25% of your income).

4. How your mortgage affects your credit score - AOL

   www.aol.com/finance/mortgage-affects-credit...

   The more diversified your credit profile, the better the likelihood of a bump to your score.“If you have a mortgage, credit cards and an auto loan, for example, and you’re managing them all ...

5. What happens when you pay off your mortgage? - AOL

   www.aol.com/finance/happens-pay-off-mortgage...

   [For example, you can] pay off other higher cost debt such as credit cards or personal loans, increase your retirement savings by putting more into your workplace 401(k) or contributing to an IRA ...

6. How to improve your credit score for a mortgage - AOL

   www.aol.com/finance/improve-credit-score...

   To improve your credit score for a mortgage, keep all your accounts in good standing. ... using Bankrate’s mortgage calculator, let’s say you buy a $300,000 house with a 6.875 percent fixed ...

7. Here's the Credit Score Range You Need to Get the Best ... - AOL

   www.aol.com/heres-credit-score-range-best...

   Here is a breakdown of how credit score ranges can impact your mortgage interest rate: 760 and above: To get the best rate possible on a mortgage, you will need a score of 760 or above.

8. How to shop for a mortgage without hurting your credit score

   www.aol.com/finance/shop-mortgage-without...

   If your credit score could use improvement, one of the best ways to raise it is to pay down your debt, like credit card balances. If doable, pay off a credit card balance in full — bonus points ...

9. Paying off debt early: Advantages and disadvantages - AOL

   www.aol.com/finance/paying-off-debt-early...

   4. Improve your credit score. Paying off debt decreases your credit utilization ratio, which is the amount of debt you owe relative to your overall available credit. Most lenders and issuers use ...