Finance
A Hawaii borrower's debt-to-income (DTI) ratio is calculated by dividing:
ATotal assets by total liabilities
BMonthly housing expense plus monthly debt payments by gross monthly income✓ Correct
CNet income by total debt
DLoan amount by property value
Explanation
DTI ratio = (Monthly housing expenses + all monthly debt payments) ÷ Gross monthly income. Lenders use DTI to assess a borrower's ability to manage monthly payments.
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