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A borrower earns $6,000/month gross income and has total monthly debts of $2,400. What is their back-end DTI?

General Mortgage Knowledge · 20% of the SAFE exameasy

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Correct answer: 40%

Back-end DTI = Total monthly debts ÷ Gross monthly income = $2,400 ÷ $6,000 = 40%.

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