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Student Loan Calculation
The debt-to-income ratio (DTI) is an important number used to calculate the potential home-buying power a borrower has. below is a look at the calculations that will be used to determine the DTI for borrowers who have outstanding student loan debt and are applying for the following home loans
Student loan debt payment calculations aim to help more borrowers obtain homeownership despite student loan debt that may have previously held them back.
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