After scrolling for hours (and hours) on your FYP on TikTok, you've probably seen the word "ratio" left under a comment. While you learned in school that a ratio is a comparison "in quantity, amount, ...
Debt-to-income ratio, or DTI, is one of the metrics lenders use to determine a person or organization’s ability to make mortgage payments and repay other debts. It is calculated by dividing an ...