Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...

What is debt-to-income ratio and how does it affect you? You don't need a finance degree to have money smarts. Understanding a few simple terms can help you lead your best financial life. One of those ...

Debt can be scary. It’s not uncommon to have some form of debt in life, be it student loans, medical bills, personal loans, or credit card debt. Figuring out your debt-to-income ratio can help you see ...

Your debt-to-income (DTI) ratio is an important part of assessing your financial health and securing favorable loan terms. The DTI ratio measures how much of your monthly income goes toward paying off ...

Casey Bond is a seasoned personal finance writer and editor. In addition to Forbes, her work has appeared on HuffPost, Business Insider, Yahoo! Finance, MSN, The Motley Fool, U.S. News & World Report, ...

If you plan to buy a home or car — or make any purchase that requires a loan — it is essential to have a good debt-to-income ratio. Your DTI reveals how much of your income goes toward debt ...

To calculate your debt-to-income ratio, add up your monthly debt payments and your gross monthly income and then divide your debt by your gross income. While every lender and product will have ...

Lenders typically prefer a front-end DTI of 28% or less and a back-end DTI of 36% or less Written By Written by Contributor, Buy Side Daria Uhlig is a contributor to Buy Side and expert on mortgages ...

You don't need a finance degree to have money smarts. Understanding a few simple terms can help you lead your best financial life. One of those terms is DTI, or debt-to-income ratio. It's an important ...