How to Calculate Debt-to-Income (DTI) Ratios



I’m breaking down “What is DTI?” also known as “Debt-to-Income Ratios” and how to calculate DTI. Debt-to-income ratios can be a big factor in the home loan process when buying a home or obtaining a mortgage, so it’s important to know how they work. Watch the video to see how a mortgage lender calculates DTI!

NOTE: If you are looking for MORE info on DTI and a VIDEO WITH NO MUSIC, check-out my latest video HERE:

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KELLY ZITLOW, NMLS 164330
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Kelly Zitlow is a public speaker, TV host, and Certified Planning Mortgage Specialist in Arizona with Cornerstone Home Lending, Inc. All information presented is for educational purposes only and used to help you as the viewer in your home buying or selling process.

#mortgage #DTI #buyingahome

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27 Responses

  1. Babybugspaw says:

    HOW DOES BANK DETERMINE MINE & MY WIFES DEBT IF WE BOTH SHARE (ON CREDIT REPORT) HAVE SHARED CREDIT CARDS? DO THEY ADD THAT SAME MINIMUM PAYMENT AGAINST US BOTH EACH, $40 MINIMUM PAYMENT & IT’S A CREDIT CARD THAT I’M AN AUTHORIZED USER & IT REPORTS TO BOTH MINE & HER CREDIT BUREAUS, DO THEY REALLY ADD $80 AS A MINIMUM PAYMENT DEBT OR JUST $40? PLEASE DO VIDEO USUNG HUSBAND WIFE REAL LIFE SCENARIOS, AUTHORIZED CREDIT CARD USER ON WIFES CREDIT.

  2. Joe Gowac says:

    Hi. I had several credit cards that I have paid off and now have a zero balance. I have left the accounts open to help with my credit score but it now appears that those would also be factored into my DTI even though they are paid off? So do you recommend me closing them out and watching my credit score drop or Leaving them open and effecting my DTI?

  3. Koffus Neal says:

    Very well explained. Thank you!

  4. Phaby Amardy says:

    Are closed accounts included in to debt to income ratio calculation?

  5. Amirah Cunningham says:

    That was very helpful. Thank you !

  6. stan money says:

    What if you have a rental property, can you add that in with the money you make from your employer? It's all income.

  7. Freddy Molina says:

    I believe this is the debt-service-ratio and not the debt-to-income ratio. They are different.

  8. Jessie Blanchard says:

    Since I don't have any debt, (other than a secured loan which is auto debited from its own account), I guess that would mean I effectively have a 0% DTI…. The loan I do have is with a credit union which has the loan amount plus interest amount just sitting there paying off itself. Just a credit booster sort of program. I never touch that bank account.

  9. JazenNails says:

    When adding in credit cards, is it the credit card limit, balance or monthly payments that’s being considered?

  10. Z-Man says:

    Can IRA/401k be counted as assists in the DTL ratio calculation?

  11. Matthew McGraw says:

    If I refinance an auto loan to lower the auto payment 200 per month in order to help my debt to income ratio will that possibly also get me a better interest rate on a conventional mortgage? Thanks

  12. Erwin Torres says:

    Hi , I’m 1099 I make 97k a year , only have a 200 secured credit card no auto loan , and I’m paying a owner finance property for 497 , will the owner finance show up ? I need help if you can break down debt to income ratio for me ? Thanks

  13. franklyn .B. clement says:

    Not informative and no help

  14. Candy Cane says:

    Great , but music can be a bit lower or none at all

  15. Yaneke R says:

    Great information. Side note: the music over the video is a little too loud, thus very distracting from your great content.

  16. CC says:

    So the lender only looks at "loan" debt? Not utilities, groceries, insurance, phone bill, etc….?

  17. Chicago Chica says:

    You Make It Look So Easy

  18. T Garrett says:

    I’m a hourly employee i gross $2095.00 every 2weeks $4190.00 monthly. do mortgage lenders only calculate gross income for 12 months and not the extra two checks a year ?

  19. wutdafeezi says:

    I always I thought I had high debt to income ratio but I never really did the math myself. Video is very informative! Thank you very much! Stay safe!

  20. No Name beat says:

    Do they count car insurance in the debt?

  21. zippy0099 says:

    I make roughly 60k but with overtime I do between 90 and 110k. Can I use the overtime figure? If not, why?

  22. Rodneycia Williams says:

    How are items in collections factored into the DTI?

  23. K’Charee, My Life says:

    Hi Kelly! First off I love how simple you made this. I want to make sure i understand without being too specific about my personal situation. I calculated my income and found out my 45%. I then subtracted my two credit cards and auto loans. I have no other debts you mentioned in the video (besides collection accounts on my credit report) . Is it okay to then take the remaining amount and times that by 12 to get the annual amount, then times that by the number of years on a 30 yr mortgage to get a ballpark figure of how much I could qualify for? Or is that completely false? Also, does the collections on my credit report affect getting approved? I have around $2000 in collections debt.

  24. Chillax 666 says:

    What is early payment? Please explain

  25. Secret Shopper says:

    Please help calculate a VA home loan DTI.

  26. Mickey Rat says:

    Specifically, what bills are included in the debt part of dti? are rent and utilities included in this debt?

  27. Jorge Williams says:

    I appreciate the work you are doing, people need to know more about debt to income ratio in order to gain benefit from it. I will subscribe your site for more future reference.Thanks for posting. If you need 5000 dollars now with bad credit. Instant credit loans us provide these personal loans.Apply now easily at online and get an instant approval.

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