How To Calculate Your Debt To Income Ratio

This video explains exactly how much of a mortgage you can afford, what debt to income (DTI) ratio is, and how it is calculated. I take you into the loan program itself and modify numbers to show you how different aspects of income, debt, and monthly payments impact your top and bottom DTI. I also explain what is a good debt to income ratio which will impact how much of a mortgage you can get. This is exactly what will happen when you get prequalified. This is the foundation of your mortgage loan and determines what kind of loan you qualify for and how much home you can afford.

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Musketeer Mortgage LLC (www.musketeermortgage.com)
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