
Debt-to-Income Ratio: How to Calculate & What it Means
Calculating your debt-to-income (DTI) ratio can help you understand if your income and bills are ready to take on a new loan or if you should reduce debt first.
Debt-to-Income Ratio: How to Calculate & What it Means
Calculating your debt-to-income (DTI) ratio can help you understand if your income and bills are ready to take on a new loan or if you should reduce debt first.