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Debt To Income Ratio Calculator calculates the amount of debt you have compared to your income. Lenders look at the debt to income ratio to determine whether to lend you money or extend credit. The lower the debt to income ratio is, the better. A low DTI shows that you have little debt relative to your income.
Loan to Value |
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Debt to income ratio: |
20% |
The DTI Calculator calculates the DTI and you will need this number when you are trying to get a mortgage or loan. The debt to income ratio requires only two variables, your recurring monthly debt, and your gross monthly income.
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