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  2. What is a debt-to-income ratio for a mortgage? - AOL

    www.aol.com/finance/debt-income-ratio-mortgage...

    The lower the DTI for a mortgage the better. Most lenders see DTI ratios of 36 percent or less as ideal. It is very hard to get a loan with a DTI ratio exceeding 50 percent, though exceptions can ...

  3. What is PITI? - AOL

    www.aol.com/finance/piti-170744787.html

    A mortgage is an amortizing loan, ... use Bankrate’s mortgage calculator. ... This is referred to as your debt-to-income ratio. A lower PITI can keep your DTI at or below the lender’s ...

  4. This is how much money you need to earn annually to ... - AOL

    www.aol.com/finance/much-money-earn-annually...

    How your income relates to the debts you owe, more technically known as your debt-to-income (DTI) ratio, also impacts your ability to qualify for a mortgage. And your credit score, interest rate ...

  5. Debt-to-income ratio - Wikipedia

    en.wikipedia.org/wiki/Debt-to-income_ratio

    The two main kinds of DTI are expressed as a pair using the notation / (for example, 28/36).. The first DTI, known as the front-end ratio, indicates the percentage of income that goes toward housing costs, which for renters is the rent amount and for homeowners is PITI (mortgage principal and interest, mortgage insurance premium [when applicable], hazard insurance premium, property taxes, and ...

  6. Mortgage calculator - Wikipedia

    en.wikipedia.org/wiki/Mortgage_calculator

    Mortgage calculators can be used to answer such questions as: If one borrows $250,000 at a 7% annual interest rate and pays the loan back over thirty years, with $3,000 annual property tax payment, $1,500 annual property insurance cost and 0.5% annual private mortgage insurance payment, what will the monthly payment be? The answer is $2,142.42.

  7. What are the monthly payments on a $400,000 mortgage? - AOL

    www.aol.com/finance/400000-mortgage-payment...

    What are the monthly payments on a $500,000 mortgage? Loan terms: 30-year vs. 15-year terms. ... Calculate your debt-to-income (DTI) ratio, aiming to keep it under 36% for better loan terms. You ...

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