Calculate your debt-to-income ratio to determine your eligibility for a mortgage or pay down debt to buy the home of your dreams.
A debt-to-income ratio is a calculation lenders use to measure the amount of debts you have compared to your total income earned each month.
To get an idea of your DTI, use an online calculator, such as the one byZillow.As a rule of thumb, most lenders look for a DTI that's 36 percent or lower. For some loans, however, borrowers with high credit scores and acceptable assets may be approved for a mortgage with a DTI of...
very few sellers can afford to switch from their current low rate mortgage. They’ll have to wait at least another year to sell their New York, Texas,
you sell your home:Zillow allows you to rent or sell your home, and making a home listing is free of charge. If you're looking to buy or rent a new home, you might want to go with Realtor.com, because it lets you hide listings you ...