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DTI FHA
DTI FHA. Increase your mortgage borrowing power!
Significantly increase your buying power!

DTI FHA | Consultation
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AFFORDABILITY

We figure out your maximum buying power!

CALCULATION

We crunch all of the numbers for you!

SIMPLICITY

Our mortgage worksheet summary is easy to understand!


Mortgage Calculator Worksheet


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$

5%

1%

5%

0%

$
$

$1421

Monthly Payment

Principal & Interest $1421

Monthly Taxes $1421

Monthly HOA $1421

Monthly Insurance $1421

Monthly PMI $0

Worksheet Summary | Highlights

Down payment.
Find out how much of a down payment is right for you.

Closing costs.
Review the out of pocket expense for your transaction.

Custom tailored for you.
By far, our summary is uniquely distinguishable.

GENERAL INQUIRY | DTI FHA

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DTI FHA | Highlights

Documentation
Easily learn the required docs need to qualify for a home loan.

Free DTI FHA Analysis
Schedule a free consultation, and we’ll walk you through our mortgage worksheet summary.

DTI FHA Advantages
Learn about the DTI FHA benefits.

DTI FHA 55%
Additionally, check out our DTI example. 

DTI FHA – Advantages

DTI Analysis. Find out how much money you can borrow for your new mortgage.The DTI FHA is far and away one of the biggest advantages of FHA loans.  All mortgage programs uniquely calculate the debt to income (DTI).  In most cases, the max DTI is 45%.  In other words, 45% of your gross monthly income must include all expenses.  To put it another way, your total housing payment in addition to the debt on your credit report, cannot exceed 45% of your gross monthly income. 

DTI FHA – 55%

The maximum DTI FHA is 55% of your gross monthly income.  This significantly increases how much you can borrow.  For example, we’ll assume the gross monthly income is $6,250.  And, the max DTI is 45%.  In this case, $2,812.50 the total allowable per month.  That is to say, the combined housing payment and credit report debt cannot exceed $2,812.50 per month.

How the DTI Increases Your Borrowing Power

The maximum DTI FHA in the above example is 55%.  Or, $3,437.50 for the gross monthly maximum.  In other words, the DTI FHA is allowing for an extra $625 per month.  To clarify, the borrower has an extra $625 dollars of cushion for the combined housing payment and credit report debt.  This added cushion significantly increases your borrowing power!    

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