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  1. How to Lower
    Debt-To-Income Ratio
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What is Debt to Income (DTI)? | Why is DTI important for a mortgage?
1:40
YouTubeSue Meitner
What is Debt to Income (DTI)? | Why is DTI important for a mortgage?
Your DTI, or Debt to Income ratio, is one of the most important numbers lenders look at when deciding if you qualify for a mortgage. It compares your monthly debt payments to your monthly income—and helps lenders understand how much home you can realistically afford. In this video, we break down what DTI is, and how to calculate it. A low DTI ...
51.3K views8 months ago
Debt-to-income Ratio Explained
Overwhelmed by debt and not sure where to start? Let me introduce you to the debt snowball method: a proven way to pay off debt fast and build momentum. Here’s how it works: 1️⃣ List your debts from smallest to largest balance (ignore interest rates). 2️⃣ Pay minimums on everything except the smallest debt. 3️⃣ Attack that smallest debt with everything you can until it’s gone. 4️⃣ Once it’s paid off, take that payment and roll it into the next smallest debt. As you go, your payments grow like a
0:07
Overwhelmed by debt and not sure where to start? Let me introduce you to the debt snowball method: a proven way to pay off debt fast and build momentum. Here’s how it works: 1️⃣ List your debts from smallest to largest balance (ignore interest rates). 2️⃣ Pay minimums on everything except the smallest debt. 3️⃣ Attack that smallest debt with everything you can until it’s gone. 4️⃣ Once it’s paid off, take that payment and roll it into the next smallest debt. As you go, your payments grow like a
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