How To Calculate Your Debt To Income Ratio For A Mortgage

I use affiliate links for my favorite companies. If you click and purchase, I may receive a small commission at no extra cost to you. I only recommend companies I have personally used & love.

Are you considering applying for a mortgage to buy a house? One key factor in the approval process is your debt to income ratio among other things. Having a low debt to income ratio can help you get more favorable loan terms such as a lower interest rate.

In this video, I will be showing how you can calculate your debt to income ratio and the rule that most originators use when determining if your debt to income ratio is low enough to qualify for a mortgage loan.