Do Deferred Student Loans Affect Debt to Income Ratio
FHA Student Loan Guidelines on Deferred Student Loans. Total monthly debt divided by total monthly income equals DTI. How Paying Off Your Student Loans Affects Your Credit Score Student Loan Hero FHA and VA have bit more leniency when it comes to deferred student loan payments. . If you have student loans that are deferred or in forbearance the lender may include them anyway by adding the amount of 1 monthly payment or 1 of the balance into your DTI radio. The main change to the FHA loan program lies in the way your debt-to-income ratio is calculated concerning student loan payments. Regardless of your deferment or repayment status you must use the larger figure of the following when figuring out your student loans impact on your debt-to-income ratio. Back-end debt-to-income ratio is the percentage of your gross income that goes toward all of your debt obligations including credit card payments student loan payments and mo...