Debt-to-Income Ratio
Monthly debt payments measured against monthly income.
It answers the lender's real question: can this borrower absorb one more payment out of the income already coming in.
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See also
3.2.B.1 · 3.2.C.1
Monthly debt payments measured against monthly income.
It answers the lender's real question: can this borrower absorb one more payment out of the income already coming in.
3.2.B.1 · 3.2.C.1