Let’s have a look at an illustration. That is amazing you’ve got an overall total month-to-month revenues of $4,000. State which you have actually the next monthly debts: Rent: $500 Education loan minimum re re re payment: $150 Car loan minimum payment: $250 Charge card minimum re re payment: $100 In this example, you’d first add up all of the debts for a complete of $1,000. Then divide $1,000 by the total income that is gross $4,000. Your DTI ratio […]