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I am working on a debt to income ratio project and I am at the point where I need to do an explanation of the project including calculations. How do I do this without using a DTI calculator?

2 Thoughts on Debt to Income ratio?
  1. Reply
    June 10, 2011 at 1:09 am

    D.T.I. is really very simple.

    Add up all of your debts for the month and divide that amount into your total gross income for the month and that is your D.T.I.

    Example, total debts are $ 1,500.00 and total gross income is $ 4,000.00 $ 1,500.00 / $ 4,000.00 = 37.5% total D.T.I.

  2. Reply
    Deb D
    June 10, 2011 at 1:30 am

    First answer is very correct

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