Debt-to-income (DTI) ratio is the percentage of your monthly gross income that is used to pay your monthly debt. It helps lenders determine your riskiness as a borrower.

Student loan: $320 Credit card minimum payment: $180 Total monthly bill payments: $2,500 If your monthly debts total $2,500 and your gross monthly income is $5,000, your DTI calculation would look ...

Bottom Line. Getting a debt consolidation loan with a high DTI is not easy, but it can be done. It may cost more and take longer, but there are ways to deal with a high DTI.

The upfront pricing fee on DTI ratios of 40% or more – part of a larger series of changes to the Enterprises’ pricing grids – was slated to go into effect on May 1, 2023.

Borrowers with a DTI ratio above 40% would have had to pay an additional 0.375% fee on their home loan that Fannie Mae and Freddie Mac would acquire. ∙ On a $300,000 loan that would have ...

The Federal Housing Finance Agency’s (FHFA’s) decision to delay implementing the controversial upfront fee on Fannie Mae and Freddie Mac borrowers with higher debt-to-income (DTI) ratios gave ...