: This is the more critical number for most loan approvals. It combines your projected mortgage payment with all other recurring monthly debts, such as car loans, student loans, and credit card minimums.

: 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

If your ratio is too high for the home you want, consider these tactical adjustments:

: Lenders typically target 36% or less, though many programs allow for higher limits. DTI Limits by Loan Type