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    0 or 33%. In other words, about one-third of your
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    What is a debt ratio? It is your total monthly debt divided by your total income. For example, if you pay $1,000 per month in bills and your income is $3,000 per month, your debt ratio is 1000/3000 or 33%. In other words, about one-third of your
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    bt divided by your total income. For example, if you pay $1,000 per month in bills and your income is $3,000 per month, your debt ratio is 1000/3000 or 33%. In other words, about one-third of your
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    you pay $1,000 per month in bills and your income is $3,000 per month, your debt ratio is 1000/3000 or 33%. In other words, about one-third of your
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    is $3,000 per month, your debt ratio is 1000/3000 or 33%. In other words, about one-third of your
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    0 or 33%. In other words, about one-third of your total income is taken up by monthly bills.

    More goes into this equation, however. Lenders usually calculate your debt ratio using your gross monthly income. Some, though very few, will calc

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