student loans

Calculate Your Debt-To-Income Ratio

Your debt-to-income (DTI) ratio is one of many things that lenders will consider when you’re applying for your home equity loan. It is a personal finance measure that takes all your monthly debt payments and divides them by your gross monthly income (the amount of money you have earned before your taxes and other deductions

The types of loans you can get

There are various types of loans and loan contractors that have different terms, ranging from simple loans between friends and family to more complex ones like mortgage, auto, payday, and student loans. Credit unions, banks, and other people lend money for important and necessary items such as houses, cars, and student loans. However, other loans,