Finance
A Wisconsin buyer's debt-to-income (DTI) ratio is calculated by dividing:
AMonthly housing costs by monthly gross income
BTotal monthly debt payments by monthly gross income✓ Correct
CAnnual income by total debt
DTotal assets by total liabilities
Explanation
DTI ratio = Total monthly debt payments (including proposed housing costs) / Gross monthly income. Lenders use DTI to assess a borrower's ability to repay.
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