What's your DTI? Be honest now.

[nonameo]

I have exactly 0 debt.

 

[child of wonder]

:beer:

 

[mugs]

Originally posted by: child of wonder
:beer:

If we add in beer expenses, bump me up to 43%.

 

[MaxDepth]

Same here.

Originally posted by: Toasthead
22%

 

[PrinceofWands]

Originally posted by: Ocguy31
LOL. Anyone under 20% must live for free or make a shit-ton of money.

$800 rent (which cant even get you an apartment here) would be ~20% of a 40K year job. Now add in CCs and car loans...

Not necessarily.

I only make 1-2k a month, but live fine because I don't EVER use credit. I own my house outright, my cars outright, etc. My only monthly payments are my tax portion, utilities, food, insurance, etc.

So I have very low income, but also very low debt to income ratio.

 

[Deeko]

Rent is not an actual loan, so I don't know that that would be factored in.

With rent, 37%. Without rent, 9%. My rent is expensive, as are my student loans....

 

[tfinch2]

7.000000000000001 %

Car + student loan is my only debt

EDIT: If you count rent, 19 %

 

[melchoir]

It depends IMO on what you're having your DTI considered for. If you're getting applying for a loan on a house, I don't think you'd be inputting your rent as part of your DTI as that would cease to exist.

 

[jonks]

17%, but massive grad school loans so...

 

[joutlaw]

Originally posted by: PrinceofWands

Originally posted by: Ocguy31
LOL. Anyone under 20% must live for free or make a shit-ton of money.

$800 rent (which cant even get you an apartment here) would be ~20% of a 40K year job. Now add in CCs and car loans...

Not necessarily.

I only make 1-2k a month, but live fine because I don't EVER use credit. I own my house outright, my cars outright, etc. My only monthly payments are my tax portion, utilities, food, insurance, etc.

So I have very low income, but also very low debt to income ratio.

I agree... I don't make a lot of money, but live within my means. Last June I bought a house for around 127K... the mortgage broker said I could go as high as 350K if I wanted... I wasn't interested at all.

My wife has a 94 Honda Accord with 260K+ miles... I drive a 2000 Mazda Millenia with 117K miles, and bought a 04 Chevy truck in May when the prices hit rock bottom... I only financed it for a year.

I have no credit card debt b/c I worked entirely through college and saved a lot of money. I have a best buy card but it's a 0 balance and only use it for items that I can get 0% for... if I need them.

 

[kalrith]

24%

 

[TallBill]

Mine's pointless to figure out.

 

[Scouzer]

9%, car payment.

 

[Demo24]

0% for right now. I paid off my car before college, and my first year of college was free from the state & a scholarship. However my dad pays my rent, so I just take up the slack in utilities, groceries, and car items. Thankfully I managed to save enough from my previous job to cover me for awhile, although since I haven't gotten a paycheck since May it's getting harder.

 

[AstroManLuca]

We still haven't established if you're supposed to include rent or not.

Without rent, for me, it's 15% (only my car payment). With rent, 40%.

EDIT: Wait, gross monthly income? As in, before taxes?

In that case, my numbers are actually 10.5% and 27%, without and with rent.

 

[Drako]

8%

Just the monthly mortgage - no car or other loans. Would be lower if my wife was working .

 

[finite automaton]

I don't care; I'm still in college.

 

[jumpr]

14% -- my only recurring debt is my rent (we live in an expensive area).

 

[JohnCU]

25%

 

[Slew Foot]

Gross income without rent?

Hmm, Ill combine my wife and I, student loans and two cars is about 7.5%, add in rent and its about 13%.

 

[Savij]

600%

 

[So]

I'm calling it zero, not factoring in living expenses (rent / utilities) and not considering the CC that I use for day to day purchases that gets paid off every month.

 

[RU482]

this thread just broke the smug meter

 

[imported_Imp]

Meaningless... I have no income.

 

[puffff]

44%