Real Estate In Sunriver
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Largest Landlord in the U.S. Accused of Widespread Fair Housing Violations
Image Caption: Greystar, the nation’s largest rental property manager, allegedly rejected renters with Section 8 vouchers at buildings including this one in College Park, Md.
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Justin and Hailey Bieber Buy $12 Million West Village Condo
Image Caption: The Biebers’ open-plan living room looks out to the Hudson River and has motorized shades for complete privacy.
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Looking to Sell Your Home? Grab This Big Tax Break if You Can.
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Sunriver Real Estate Market Update Oct 2023
A lot is happening in the market right now. Call me to discuss 541-815-0906Â
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Debt-to-Income Calculation
Debt-to-Income Calculation
If you are considering purchasing a home soon, you need to be familiar with your debt-to-income calculation. Understanding this simple math formula could mean the difference between getting approved or getting denied for a home loan.
The discussion below will explain how to calculate this ratio and how it is used by mortgage lenders to approve people to buy a home.
The debt-to-income ratio, also called the DTI ratio by the mortgage industry, is a comparison between how much money people are making versus how much is being spent on debt.
The formula looks like this:
              Total monthly debt payments ÷ monthly income = DTI
Here is a simple example that will explain how the math works.
Shawn and Linda have been married for 3 yea...