HOW TO CALCULATE DEBT TO INCOME RATIO: A COMPREHENSIVE GUIDE

Ever wonder how lenders decide if they'll give you a loan? A big piece of that puzzle is your debt-to-income (DTI) ratio. It's basically a snapshot of your monthly debt compared to how much money you make. Understanding how to calculate debt to income ratio isn't just for banks, though. Knowing your DTI can really help you get a handle on your own