Debt-to-income ratio Term Meaning in Real Estate - Guide

Debt-to-income ratio is a person's all monthly debt payments divided by the gross monthly income.

Kopal Cheema

7 years ago

Published Date: Mar 22, 2018

Updated Date: Mar 27, 2024

Debt-to-income ratio is a person's all monthly debt payments divided by the gross monthly income. This number is used by lenders to measure one's ability to manage the payments made every month to repay the money borrowed.

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