While general rules of thumb exist, maximum allowable ratios vary significantly depending on the loan product: Standard DTI Limit Max with Compensating Factors 36% – 45% Up to 50% FHA Up to 57% VA 41% recommended Over 60% (Residual income focus) USDA Varies by credit score The Impact on Your Loan Terms
If your ratio is too high for the home you want, consider these tactical adjustments: debt to income ratio buying a house
: By putting more money down, you reduce the loan amount and the subsequent monthly mortgage payment, which lowers your DTI. Understanding Debt-to-Income Ratio - Citizens Bank While general rules of thumb exist, maximum allowable