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DTI = Total Monthly Debt / Gross Income For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your debts, your monthly debt payments are $2,000. ($1500 $100 $400 = $2,000.) If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent. ($2,000 is 33% of $6,000.) #realestate #canadarealestate #gtarealestate | Kohlimortgages

DTI = Total Monthly Debt / Gross Income For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your

Kohlimortgages. Kohlimortgages · Original audio. DTI = Total Monthly Debt / Gross Income For example, if you pay $1500 a month for your mortgage and another $100 a month for an auto loan and $400 a month for the rest of your debts, your monthly debt payments are $2,000. ($1500 $100 $400 = $2,000.) If your gross monthly income is $6,000, then ...

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