Bankers have always crunched financial numbers to determine the size of the loan you could handle. The debt to income ratio (DTI) is the percentage of your income going towards recurring debt payments. This calculation is primarily used in the mortgage market to determine whether you qualify for a loan. It can also be used […]
Calculating Your Debt-To-Income Ratio
The amount of debt that you are going to be able to handle is directly linked to the amount of income you bring in. Bringing in more money each month allows you to spend more money. Bringing in less money each month forces you to cut back on your spending. Understanding your overall debt when […]
Debt Consolidation Calculators
You can use this debt consolidation calculator to help you figure out where you currently stand and better understand what you need to be doing to be more financially set. Free Debt Consolidation Calculator With this free debt consolidation calculator you can see how serious is your debt problem. You will enter in your monthly […]