Does my solar loan change my Debt To Income (DTI) Ratio?
Yes — all loans or lease payments change your debt to income ratio. Let’s talk about how it works.
If your house payment is $1800 including property taxes and insurance. Your car payment is $300, your student loan payments are $200 and your credit card payments are $100, your total monthly payments are $2400 per month. All I did here was add them up.