https://www.financeglobe.com/post/how-to-improve-your-debt-to-income-ratio/ Personal Finance Tips & Tools Sat, 19 May 2018 18:19:20 +0000 hourly 1 https://wordpress.org/?v=6.9 https://www.financeglobe.com/post/how-to-improve-your-debt-to-income-ratio/#comment-515 Sat, 19 May 2018 18:19:20 +0000 https://www.financeglobe.com/tools/2018/02/25/how-to-improve-your-debt-to-income-ratio/#comment-515 Great article. My wife and I have been able to reduce our DTI from >40% to the low 20%s. Once we pay off all of our student loans, all we will have left is our home!

]]> https://www.financeglobe.com/post/how-to-improve-your-debt-to-income-ratio/#comment-514 Sun, 04 Mar 2018 00:58:27 +0000 https://www.financeglobe.com/tools/2018/02/25/how-to-improve-your-debt-to-income-ratio/#comment-514 When I first started last year, my FICO scores were in the mid 500s to lower 600s. As of June 15, 2017, my partner and I were able to close escrow on our new dream home. My credit scores are now above 800! I received a great interest rate of 6.25% on a 30 year fixed rate [mortgage].

]]> https://www.financeglobe.com/post/how-to-improve-your-debt-to-income-ratio/#comment-513 Wed, 28 Feb 2018 23:55:39 +0000 https://www.financeglobe.com/tools/2018/02/25/how-to-improve-your-debt-to-income-ratio/#comment-513 Great write up on how the Debt to Income works and the things we need to know to stay on our game. Working on mine so that I have only two loans and they are under the 36% you referenced. In fact my DTI is about 29%. Adding to this I work at keeping my monthly bills paid current and in full so with an Emergency Fund at 11% (working to increase to around 20%).

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