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Debt-To-Income (DTI) Ratio: What’s Good And How To Calculate It

October 26, 2023

The Debt-to-Income (DTI) ratio is a crucial financial metric that measures the relationship between an individual’s total debt payments and their gross income. This ratio is expressed as a percentage and is used by lenders to assess a borrower’s financial health and creditworthiness. By comparing how much of one’s income goes toward debt obligations, the…

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