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2. 3 steps to calculate your debt-to-income ratio - AOL

   www.aol.com/finance/3-steps-calculate-debt...

   Mortgage: $1,600. Auto loan: $300 ... use a DTI calculator. What is a good debt-to-income ratio? ... but may also help you get a lower interest rate. You can improve your DTI by lowering expenses ...

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

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

   Key takeaways. Your debt-to-income (DTI) ratio is a key factor in getting approved for a mortgage. The lower the DTI for a mortgage the better. Most lenders see DTI ratios of 36 percent or less as ...

4. What percentage of your income should go to a mortgage? - AOL

   www.aol.com/finance/percentage-income-mortgage...

   43% DTI ratio. While mortgage lenders prefer your back-end DTI ratio not to exceed 36 percent, in many cases, lenders can accept a maximum of 43 percent — this is still within the range of what ...

5. Mortgage calculator - Wikipedia

   en.wikipedia.org/wiki/Mortgage_calculator

   The fixed monthly payment for a fixed rate mortgage is the amount paid by the borrower every month that ensures that the loan is paid off in full with interest at the end of its term. The monthly payment formula is based on the annuity formula. The monthly payment c depends upon: r - the monthly interest rate. Since the quoted yearly percentage ...

6. What is PITI? - AOL

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

   Following the example above, say you put 20 percent down on a home costing $400,000, and you get a 30-year fixed-rate mortgage to finance the remaining $320,000 at 6.6 percent interest.

7. 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 ...