Debt-to-Income (DTI)
By Kurt Real Estate Sep 8, 2022
Your DTI is expressed as a percentage and is your total “minimum” monthly debt divided by your gross monthly income. The conventional limit for DTI is 36% of your monthly income, but this could be as high as 41% for FHA loans. A DTI of 20% or below is considered excellent.
Join our network
Keep up to date with the latest market trends and opportunities in Orange County.