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Debt-to-income (DTI) ratio compares your recurring monthly debt payments against your monthly gross income, expressed as a percentage. Debt-to-income (DTI) ratio compares your recurring monthly ...
Is a 20% debt-to-income ratio bad? No, a 20% debt-to-income ratio isn’t bad. Lenders typically consider a DTI of less than 36% manageable. However, they’ll also consider other factors ...
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