Debt-to-income ratio

A ratio used by lenders to decide whether to offer a loan and at what rate. It calculates how much of a potential borrower’s before-tax earnings are spent to pay loans.

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How Much House Can You Afford?

October 19, 2020

How much house can you afford? If that's on your mind, you're in good company. Mortgage rates are still historically low, making it a good time to purchase.

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Debt-to-income ratio, Down payment, Interest rate