DTI (debt-to-income ratio) refers to the ratio of the borrower's total debt to net income. The lower the ratio, the higher the repayment ability of the borrower, and the more willing the lending institution is to issue loans to the borrower. Generally speaking, the lending institution requires the applicant's DTI ratio to be below 43%, and a more specific assessment can be made according to the applicant's situation.

DTI is an important indicator to evaluate the borrower's repayment ability, and the lending institution will calculate the DTI ratio according to the applicant's income and debt. Therefore, if you want to get a higher loan amount from a lending institution, the borrower can reduce his DTI ratio by increasing his income or reducing his debt.

DTI ratio is not only an important indicator for lending institutions to consider loan applications, but also of great significance to borrowers themselves. If a person's DTI ratio is too high, he may need to borrow usury or credit card overdraft to make a living, which will greatly increase his financial risk. Therefore, we need to take our debt situation seriously to maintain a reasonable DTI ratio and avoid financial risks.