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  2. 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 ...

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

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

    For this example, divide your monthly debt payments ($2,400) by your total monthly gross income ($6,000). In this case, your total DTI would be 0.40, or 40 percent. To confirm your number, use a ...

  4. How To Calculate Your Debt-to-Income Ratio - AOL

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

    Calculate Your Debt-to-Income Ratio. To find out what your debt-to-income ratio is, use a debt-to-income ratio calculator or simply add up your minimum recurring debts — that is, the least ...

  5. Can I Improve My Debt-to-Income Ratio? - AOL

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

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  6. Loan origination - Wikipedia

    en.wikipedia.org/wiki/Loan_origination

    When the borrower refinances his/her loan, they can pay off the remainder of the debt. Example: If the borrower owes $1,500 in credit card payments and has a gross monthly income of $3,000, his DTI ratio would be 50%. But if the borrower owes $1,500 in payments and has a gross monthly income of $2,000, his DTI ratio would be 75%.

  7. Consumer leverage ratio - Wikipedia

    en.wikipedia.org/wiki/Consumer_leverage_ratio

    Consumer Leverage Ratio in the US. The consumer leverage ratio is the ratio of total household debt to disposable personal income. [1] In the United States these are reported, respectively, by the Federal Reserve and the Bureau of Economic Analysis of the US Department of Commerce.

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

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

    Key takeaways. 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 ...

  9. Debt - Wikipedia

    en.wikipedia.org/wiki/Debt

    The debt service coverage ratio is the ratio of income available to the amount of debt service due (including both interest and principal amortization, if any). The higher the debt service coverage ratio, the more income is available to pay debt service, and the easier and lower-cost it will be for a borrower to obtain financing.