What is DTI, otherwise known as Debt to income?

[Nicholas Salman]

Hey guys! I get asked all the time what DTI is but even more so what it means. DTI is what standard for "Debt to income" ratio. Essentially it is the amount of total monthly liabilities you have divided by your gross monthly income. Obviously the less debt and more income the better! A golden rule is you don't want to exceed 50% DTI. Hope this helps! Reach out with any questions