Debt-to-Income ratio(DTI) is a key figure which is used for many purposes especially from the individual perspective during mortgage approval process. The Wikipedia definition of debt-to-income ratio (often abbreviated DTI) is the percentage of a consumer’s monthly gross income that goes toward paying debts. It helps the lender to figure out whether a certain individual’s […]
Posts Tagged ‘mortgage-to-gdp ratio’
Debt-to-Income Ratio and US Household Debt – Lesson to be learned
March 16th, 2012 
Vijaianand 
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