##### Asked by: Bouchaib Moacho

asked in category: General Last Updated: 29th April, 2020# What is the highest debt to income ratio for USDA?

**Loan**Approval

**loan**are 29%/41% of the gross monthly income of the applicants. The maximum DTI on a USDA

**loan**is 34%/46% of the gross monthly income.

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Subsequently, one may also ask, how do I calculate my DTI for a USDA loan?

**Calculating Your DTI** Ratio for a **USDA Loan**. To **calculate your** debt-to-income ratio for **the** purpose of **USDA** loans, you first need **to figure out** how much you and any co-borrower make in a month. Take **the** annual pre-tax amount and divide by 12, or just check **your** pay stubs for **the** last month.

Secondly, what is a reasonable DTI? If 43% is the maximum debt-to-income ratio you can have while still meeting the requirements for a Qualified Mortgage, what counts as a **good** debt-to-income ratio? Generally the answer is: a ratio at or below 36%. The 36% Rule states that your **DTI** should never pass 36%.

Beside this, can I get a mortgage with high debt to income ratio?

There are ways to **get** approved for a **mortgage**, even with a **high debt-to-income ratio**: Try a more forgiving program, such as an FHA, USDA, or VA loan. Restructure your **debts** to lower your interest rates and payments. Lenders usually drop that payment from your **ratios** at this point.

Is there a max loan amount for USDA?

**The USDA Maximum Loan Amount** Technically, **the USDA** doesn't have a **maximum loan amount**. What **it** depends on is your debt ratio. **The USDA** allows a 29% housing ratio. They also allow a 41% total debt ratio.