How a Debt-to-Income Ratio Above 40% Affects the Interest Rate You Qualify For

A DTI above 40% can raise your mortgage or personal loan rate by 1–3 percentage points and push you into subprime terms. Here's exactly how lenders price that risk.

A DTI above 40% can raise your mortgage or personal loan rate by 1–3 percentage points and push you into subprime terms. Here's exactly how lenders price that risk.