DTI

(redirected from Debt-to-income ratio)
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DTI

abbreviation for DEPARTMENT OF TRADE AND INDUSTRY.
References in periodicals archive ?
Commercial banks in New Zealand have criticised the proposed inclusion of a debt-to-income ratio (DTI) tool in the Reserve Bank's remit.
We find that the share of financially vulnerable households did not change in a statistically significant way between 2010 and 2014, except for the case of the debt-to-income ratio.
Say you have solid credit scores and money in the bank but because of student loans or uninsured medical bills, your debt-to-income ratio exceeds the maximum that federal rules generally prescribe.
While the debt-to-income ratio may be an indicator of household financial stress, Chairman Greenspan also pointed out that the ratio reflects a rise in home ownership, improved information technology that enables lenders to reach more households, and increased home equity loans resulting from home price appreciation.
The data, for example, do not include certain determinants of credit risk that may explain higher loan prices, such as the borrower's credit history, loan-to-property-value ratio, and consumer debt-to-income ratio.
Also, some buyers might qualify for a more expensive home and others can stretch their debt-to-income ratio to help them qualify for a loan.
The household debt-to-income ratio has also edged up from 1.
I have no late payments and my debt-to-income ratio is respectable.
Others eligible for the program include residents who have funds for closing costs but whose debt-to-income ratio is too high, and those who have money for closing costs but want money to buy appliances and other move-in necessities.
Figure 3 combines information from the Federal Reserve's Survey of Consumer Finances (SCF) on the distribution of household debt with our estimates from the flow of funds accounts on the debt-to-income ratio of the U.
His Social Security number was listed on my credit report and, although he was paying all of his bills on time, this gave me a higher debt-to-income ratio according to the loan officer.
It's not a perfect formula, but figuring out your debt-to-income ratio will give you some idea of where your money is going.