What is a upright debt to income ratio to enjoy when applying for a mortgage loan?

Answers:

Less than 5% debt to income. You can qualify for about a 28% loan for a home but if you have other debt they might move about to 33% so the first 5% is an acceptable amount.

"Good" would be ALL debts including mortgage are under 45 - 35% of income. "Great" would be 25 - 30%. If you can qualify full doc (pay stubs, W2s) 45% MIGHT be "good" ample...Depends on other factors. Source(s): Experience