Debt To Income Ratio: How to calculate DTI

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This short video walks you through calculating your debt to income ratio. This is used by lenders to determine your purchasing power.

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DTI is used by lenders to determine your purchasing power. Important to be aware of if you are shopping for a home :)

XpertHomebuyer
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This is so confusing I've seen so many different formulas for this I don't which one is accurately used by the mortgage folks

papichefitup