Debt-to-income ratio Principal Proof of funds 
Redfin
AUGUST 29, 2024
Debt-to-income ratio (DTI) Another major factor that a lender will consider when approving your mortgage loan is your debt-to-income ratio (DTI). DTI is calculated by dividing total monthly debts by gross monthly income. The number is then multiplied by 100 to get the final percentage.
The Close
DECEMBER 29, 2022
How else would you and your clients understand how much is being paid in principal and interest over the years? Debt-to-income ratio (DTI). You can help your clients calculate their DTI by adding together all of their monthly payments and dividing the total by their gross monthly income. Original principal balance.
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