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Calculate Your Debt to Income Ratio

Uncategorized June 19, 2022

Click here to download following Calculate Your Debt to Income Ratio

Calculate Your Debt to Income Ratio  from http://debts-consolidations.com
Enter income (before taxes) in green area. Enter monthly minimum payments in green area.
Job # 1 __________________ Rent/mortgage
Job # 2 __________________ Auto loan(s)
Financial aid Credit card(s)
Scholarships Past-due taxes
Gifts/assistance from others Student loan(s)
Other income Other debt
Other income Other debt
Total Monthly Income $0.00 Total Monthly Payments $0.00
http://debts-consolidations.com Debt to Income Ratio #DIV/0!
If Your Debt to Income Ratio is
Less than 20% You’re in excellent shape!  Keep up the good work.
20% to 39% Buying a home and other goals are within reach.
40% to 60% Reduce debt to achieve your goals.
Above 60% Eliminate debt now to avoid serious problems in the future.
Your debt to income ratio is a number lenders use to help determine your ability to take on more debt.
The lower your ratio the better chance you have to be approved for a home, car or other loan.
http://debts-consolidations.com

 

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