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The debt-to-income (DTI) ratio of a borrower is used to compare _____ to the borrower’s gross monthly income. A. Monthly credit expenses (credit cards and loans) b. Monthly debt expenses from loans (home,
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The debt-to-income (DTI) ratio of a borrower is used to compare _____ to the borrower’s gross monthly income. A. Monthly credit expenses (credit cards and loans) b. Monthly debt expenses from loans (home, personal, auto, student) c. Monthly housing expenses (rent or mortgage, homeowner’s insurance, property tax, utilities) d. Monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit card payments, and monthly loan payments).

User Markfickett
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2 Answers

9 votes

Answer:

d

Step-by-step explanation:

on edge

User Smingerson
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4 votes

Answer:

Answer is D. monthly living expenses (rent or mortgage, property tax, mortgage insurance, minimum credit card payments, and monthly loan payments)

Step-by-step explanation:

I just took the quiz and got it right.

HAPPY EARLY ST. PATRICK'S DAY

User Jeanm
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