DTI stands for your “debt-to-income ratio” which is the percentage of your gross monthly income that goes towards paying your debt off. Lenders use your DTI to evaluate how much more debt you could incur and handle.

Here’s some info you should know to understand where yours might be at…

💰High level, risky for lenders- over 50%

💰High level but you could still potentially make it work 43-50%

💰Good balance between debt and income- 36-41%

💰Great range to be in- below 36%! I’d love to help you determine your DTI if you need help