4 Reasons Your Debt-to-Income Ratio Is So Important

Motley Fool Staff, The Motley Fool
·5 min read
4 Reasons Your Debt-to-Income Ratio Is So Important
4 Reasons Your Debt-to-Income Ratio Is So Important

The lower your debt-to-income ratio, the healthier your financial picture, and the more money you may end up with in your bank account. What is debt-to-income ratio? Debt-to-income (DTI) ratio measures the amount of your monthly income that goes toward making debt payments.