Debt-to-Income Ratio Explained (Pt 1 of 6) - The Basics of the DTI Calculation

In this video (part 1 of a 6 video playlist), I focus on the basics of calculating your debt-to-income ratio (DTI). Learn how to calculate your front debt-to-income ratio and your back-debt-to-income ratio.

Like, subscribe and turn on alerts so you don't miss the other videos in the playlist. In them you’ll learn all about the income side of the DTI, DTI thresholds for specific loan programs, how to reverse engineer your DTI and how to optimize your DTI to qualify for the best possible loan terms. After watching these videos you’ll know everything you need to know about your debt-to-income ratio and how to achieve your homeownership goals.

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In this video:
00:00 - In this video: calculating your DTI, or Debt-to-income ratio
00:56 - Calculating your DTI uses simple math
01:27 - A DTI example
01:44 - Back vs front DTI

Julee Felsman, SVP of Mortgage Lending NMLS 120831
Guaranteed Rate, Inc.; NMLS 2611. Equal Housing Lender.
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