DTI

[Anonymous]

Total combined monthly income $5425

2 car payments total 728

Combined credit card payments 100

Student Loans deferred until 2013, estimated at $241 per month

My question is do Student Loans count in DTI if planning on buying house fall of 2009?  Also is my DTI too high for potential mortgage payment of $1000.00 Currently paying $1225 rent.

Thanks,

[ShanetheMortgageMan]

Student loan payments wouldn't be included if you are using FHA or VA, but would be if using conventional or USDA.  Your DTI should be fine, 18% front end and 33% back end... no lender would have a problem with that.

[Anonymous]

Thanks for the quick reply.