Tell Me What Is Debt-to-income Ratio?

1.	Tell Me What Is Debt-to-income Ratio?
Answer» The DEBT-to-income RATIO is calculated by dividing a LOAN APPLICANT's total debt payment by his GROSS income. The debt-to-income ratio is calculated by dividing a loan applicant's total debt payment by his gross income.

Answer»

The DEBT-to-income RATIO is calculated by dividing a LOAN APPLICANT's total debt payment by his GROSS income.

The debt-to-income ratio is calculated by dividing a loan applicant's total debt payment by his gross income.

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