LO question, DTI

[Anonymous]

Hello all, 

First post, and  I hope I'm in the correct forum.  If not, Im sure the mods will relocate for me.  (They, and the posters on here do a great job)  I've been reading and watching.  Here's my question:

DTI??

I have 3 mortgages: O/O, Vacation and one I won't sell in this market. (Kid occupied)

I'd like to refi my O/O and I'm not sure how to figure this. I'd like to have my ducks in a row before I start. (It can't possibly be what I figured it was!)

Debts: 

Approx. total owed on all 3:         225,000.

Conservative value: (All)              590,000.

Pmts on all 3 (monthly)                  1,703. (x 12 = 20436. annual)

Prop taxes all 3 (annual)                 4,042. (I pay annually in December)

Insurance all 3 (annual)                   2,725. (I pay annually when due)

Available Credit:

CCL's:                                         59,800. (- 1% UTL, less than 200. balances )

HELOC (on O/O)                          16,700. (0 balance, only drew the amount required and PIF'd)

No installments

No auto loans

1 30 day late (4 yrs.) dang it!

Gross: 108K

36+ yr. history,  AAoA's 13 yrs

EQ: 796

TU: 804

EX: ??? only reporting 1 TL and wouldn't you know it's the 30 day! From what I've read, it shouldn't hurt.

Thank you

[DallasLoanGuy]

you are fine.

but you will need to close the heloc.

otherwise the u/w will take the maximum payment which is maxed out line + max interest rate.