What kinds of debts are/are not included in the DTI calculation?

It's best to leave the DTI calculations to your lender.. Most folks who try to calculate it will not do it properly.. But in general, payments associated with DEBT are counted.. Credit card payments (minimum payment), car loan payments, student loans, etc.. We also include any "Forced Debt".. child support, alimony, IRS payments, etc... and we also include the new housing payment which will include principal, interest, taxes, insurance, mortgage insurance and any HOA or association fees.. Things that are not counted are your normal BILLS... Health or auto insurance, utility payments, cell phone bills, etc.. these are not counted towards your DTI calculations.. I would be happy to look at your complete loan profile and help determine your eligibility.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com NMLS# 226347

Phone bills, gas and electric bills etc. The mortgage lender has a DTI cap of 43% for conventional and up to 50% DTI for FHA/Va Now some lender can go to higher DTI ratio's, this is something that you need to speak to your lender about. I hope this helps.Jesse Stroup | Mortgage Banker | California NMLS# 6229 | 510-704-3445 Please contact me for more information.