What Does Debt Ratio Mean?
A debt-to-income ratio (often abbreviated DTI) is the percentage of a consumer's monthly gross income that goes toward paying debts.

Lenders have learned over the years that a borrower's "top" debt ratio should not exceed 32%

Monthly Income - Gross earnings, or money earned before federal with-holding

Mortage - Monthly house payment
Auto-Loans - Monthly car payment
Other - Student loans and any other form of money spent

Information obtained from MoneySearch