The share of your monthly income that goes to debt payments.
DTI compares your total monthly debt payments to your gross monthly income. Mortgage lenders rely on it heavily: many prefer a total DTI at or below roughly 43%. A lower DTI signals more room in your budget and improves your odds of loan approval at a good rate.
Someone with $2,000 in monthly debt payments and $6,000 gross income has a 33% DTI.