Buying a house is expensive, but having a good debt-to-income ratio can keep costs down by giving you access to the best mortgage interest rates.
Your DTI ratio helps lenders decide how much risk you pose as a borrower. A high ratio could signal high risk to the lender and equate to high interest for the borrower.
Find out more about how a DTI ratio is calculated and which ratios are most likely to help you get the mortgage you desire.
