Moderator
Revelate
Posts: 9,648
Registered: ‎12-30-2011
Re: Trying to figure some things out....

FrugalRican wrote:

I think the fact that you are willing to put down 25% is going to help out tremendously on you getting one in the first place.



+1 You're going to be absolutely fine.

 

FWIW, DTI isn't calculated as you have intimated in your post: it's your total monthly payments, divided by your total monthly income (post tax presumably).

 

Starting Score: EQ 561, TU 567, EX 599* (12/30/11, EX lender pull 12/29/11)
Current Score: EQ 04 673, EQ 8 707, TU 720, EX 702* (09/02/14, EX older)
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