Your debt-to-income ratio or DTI is going to show lenders what sort of shape you’re in should any changes to your income occur. It is how much debt you have vs. how much money you make. If it’s too high, you’re going to have a lot of trouble paying your debts down if anything out of the ordinary happens to your money. In order to look good to lenders and keep your credit score decent, you want to keep your DTI to below 40%, and as low as you can go from there.
