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How Much Home Can I Afford | How to Calculate Your DTI Ratio | Calculate Your Debt to Income Ratio

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How Much Home Can I Afford | How to Calculate Your DTI Ratio | Calculate Your Debt to Income Ratio –

How Much House Can I Afford | How to Calculate Your DTI Ratio | How to Calculate Your Debt to Income Ratio
Calculate Your DTI Ratio Here –https://www.bankrate.com/calculators/mortgages/ratio-debt-calculator.aspx
Calculate your mortgage payment here: https://www.bankrate.com/calculators/mortgages/mortgage-calculator.aspx

If You Don’t Know Where to Start – Start Here! My Free Download: https://bit.ly/3k8xFF0

🏠Do you want to be walked through the process of buying your first home? Click here to purchase: https://confidently-buy-your-first-home.thinkific.com/courses/how-to-confidently-buy-your-first-home

Ready to Buy Your First House? Watch these videos:
⭐8 Steps to Buy a House – https://youtu.be/fgUkwjA12V4
⭐New Construction – https://youtu.be/QoCctKxuJxA
⭐FHA Explained – https://youtu.be/JQanmdwQwYg
⭐Student Loans – https://youtu.be/k81B3ucqUwE
⭐How to get a good credit score –https://youtu.be/qwm570RVeM8
⭐Can you afford a house: DTI Ratio – https://youtu.be/S3glBuf2fRw
⭐What happens at closing –https://youtu.be/heCUdtcGMls
⭐NACA Home Buying Program –https://youtu.be/HLLluwaAfrQ
⭐Should I Rent or Buy? – https://youtu.be/NPgOyRZKfmU
⭐ Get Your Real Estate License Online- https://youtu.be/kHen6QrArwg

⭐Join My First Time Buyers Facebook Group⭐
https://www.facebook.com/groups/HillsFirstTimeBuyers/members/

If you live in or are moving to Georgia or have a Referral please contact me:
👉Contact me to schedule your buyer or seller consultation
https://calendly.com/shaheedahhillrealestate/newconsult
👉Email me: TheHillTeamAtl@gmail.com

Thanks for watching the How Much Home Can I Afford | How to Calculate Your DTI Ratio | Calculate Your Debt to Income Ratio video!

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32 Comments
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32 Comments

  1. FULLTIMEPUBLICATIONS
    July 21, 2021 at 1:35 am

    Gold! No other word to explain it. This is a huge help

  2. Wendy C
    July 21, 2021 at 1:35 am

    Thank you! This solidified what I was concerned about. I would have been in way over my head! And the mortgage banker was helping me into the deep water.

  3. saraA16161
    July 21, 2021 at 1:35 am

    Just a random question Shaheedah, does a non-occupant co-signer have to have a higher income than the primary borrower ?

  4. trueGrizzlesFAN22
    July 21, 2021 at 1:35 am

    I love your channel but I think you made a mistake. You should not divide by 12 months but divide by 52 weeks or 26 weeks. 12 months is not realistic

  5. Alexandra Adams
    July 21, 2021 at 1:35 am

    Almost debt free! One card left…no car loan or student loan! I want my mortgage to be my only debt! This time next year, I want to be living in my new home! Thank you, Shaheedah!

  6. Keith Muhammad
    July 21, 2021 at 1:35 am

    Thank you for this valuable information;you're an angel.

  7. MorganCultura
    July 21, 2021 at 1:35 am

    Thank you for this explanation! Your videos are clear and concise and so very valuable in terms of the information that you provide. Thank you!

  8. She M
    July 21, 2021 at 1:35 am

    Hello, can I pay my credit card bills off? And close the accounts cause I do wanna by a house

  9. Pocahontas Williams
    July 21, 2021 at 1:35 am

    I have two charged off credit cards that I am debating on paying off should I include them as debt as well and factor then into my dti or do they hinder the credit score mostly?

  10. Sheri Rich
    July 21, 2021 at 1:35 am

    What do they consider debt? Does phone bills, electricity etc are considered “debt”?

  11. Teddy Bear
    July 21, 2021 at 1:35 am

    This was a great help. Thank you👍😀

  12. Devon Howard
    July 21, 2021 at 1:35 am

    Hi! My last two tax returns average $40k for yearly income. When I start my new job the two paystubs I will hand over for pre-approval will total $4167 gross monthly income. Which will the pre-appoval go by? My most recent pay stubs or yearly tax returns?

  13. Kathy Ramos
    July 21, 2021 at 1:35 am

    I have an income of $2500 a month only debt is $400 car payment 🥺but my credit is like 580😭

  14. joe Black
    July 21, 2021 at 1:35 am

    This is ridiculous when most people are paying more than this for rent. This mortgage thing for common people is a scam. Smh 🤣 look like I'm be paying for rent for a min.

    Most place that you can live that the mortgage that would be 700-800$ a month would be the hood or the middle of nowhere.

    Excuse my grammar texting while slaving away at work.

  15. Hope Courage
    July 21, 2021 at 1:35 am

    Awesome!!! Thanks much for the info!! God bless you more!

  16. Phaby Amardy
    July 21, 2021 at 1:35 am

    Are closed accounts with balance included in to debt to income ratio calculation?

  17. Leslie Dior
    July 21, 2021 at 1:35 am

    Great info I didn’t know they add the estimate mortgage 🥲 that brought my DTI up

  18. Shante Holloway
    July 21, 2021 at 1:35 am

    This helped so much! Thank you

  19. Tim The Trucker
    July 21, 2021 at 1:35 am

    🔥

  20. Sonya
    July 21, 2021 at 1:35 am

    You are so detailed. The crazy thing about this is that some people pay so much I rent so to have to go through so many calculations must frustrate those that pay way more than they would pay on mortgage.

  21. Brenda Redmond
    July 21, 2021 at 1:35 am

    This information is so informative!!! Your videos are so helpful !!!

  22. Steven Booker
    July 21, 2021 at 1:35 am

    Will car insurance go towards the debt as well or is that not considered just the car not it’s self?

  23. Lydia
    July 21, 2021 at 1:35 am

    Great example of why you need to know your numbers before you even start looking at houses. Thank you for the video

  24. Strong women Don’t settle
    July 21, 2021 at 1:35 am

    Thank you!!! Sooooo much for this video!!!!!

  25. Hustle RELL
    July 21, 2021 at 1:35 am

    Great video!

  26. Myrian B
    July 21, 2021 at 1:35 am

    Easiest breakdown on YouTube.

  27. Hermithe Bernard
    July 21, 2021 at 1:35 am

    You rock!!!

  28. G. Wiz (Formerly Slim Chain)
    July 21, 2021 at 1:35 am

    Hard to believe 50% is considered bad. That means u pay bills & keep half your income lol also if intended as an investment rental property, it will pay for itself anyway

  29. Steven W
    July 21, 2021 at 1:35 am

    Thanks for the info I learned alot and just subscribed.

  30. Young Cheong
    July 21, 2021 at 1:35 am

    Not to sound like an asshole but I am currently looking into my first home. What is my debt to income ratio? I have no student loan and no outstanding debt. So zero?

  31. Monica Flores
    July 21, 2021 at 1:35 am

    we have no credit card debt because we finished paying them off. our car payment is our only debt… i used your calculator and our DTI is 9%.
    im surprised, did i do something wrong?
    can it be that low?

  32. Dominique Bivins
    July 21, 2021 at 1:35 am

    Question you don’t add your current rent