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2. What is a debt-to-income ratio for a mortgage? - AOL

   www.aol.com/finance/debt-income-ratio-mortgage...

   Your debt-to-income (DTI) ratio is a key factor in getting approved for a mortgage. The lower the DTI for a mortgage the better. Most lenders see DTI ratios of 36 percent or less as ideal.

3. 3 steps to calculate your debt-to-income ratio - AOL

   www.aol.com/finance/3-steps-calculate-debt...

   Your DTI greatly impacts your ability to get approved for a loan or mortgage. Your debt-to-income ratio (DTI) is your total monthly debt payments divided by your total gross monthly income. It ...

4. Debt-to-income ratio - Wikipedia

   en.wikipedia.org/wiki/Debt-to-income_ratio

   The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

5. 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).

6. How to get the best mortgage rate - AOL

   www.aol.com/finance/best-mortgage-rate-214229663...

   A debt-to-income, or DTI, ratio is calculated by dividing your monthly debt payments by your monthly gross income. Calculate your debt-to-income ratio . 5. Check out different mortgage loan types ...

7. Mortgage prequalification vs. preapproval: How to time these ...

   www.aol.com/finance/mortgage-prequalification-vs...

   To learn whether your loan is approved, you must submit a formal mortgage application. ... A debt-to-income ratio — or DTI — compares how much debt you owe against your gross monthly income ...