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  2. How much house can I afford with a $170K salary? - AOL

    www.aol.com/finance/much-house-afford-170k...

    DTI and LTV ratios: Similar to the 28/36 rule, your debt-to-income ratio gauges how your ongoing debt aligns with the amount of money you bring in as income. Keeping it below 36 is generally ...

  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...

    This percentage uses the back-end ratio or your debt-to-income (DTI) ratio. “Most responsible lenders follow a 36 percent back-end DTI ratio model, unless there are compensating factors,” says ...

  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. What Income Do I Need for a $300K House? - AOL

    www.aol.com/income-300k-house-170125123.html

    A back-end DTI of 36% or less gives you the best chance of having your loan application approved. With an income of $93,336, you could have total debt payments of $2,800 per month — $2,178 for ...

  7. 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.

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