""Debt-to-Income Ratio

Debt-to-income (DTI) ratio is a percentage of a consumer’s monthly gross income that goes toward paying debts (e.g., mortgage/rent, credit card payments, student loans, car loans, child support/alimony payments and so on). Just like your credit score, DTI is an important factor to your overall financial health and may be a factor discussed when you apply for credit.++

More information from Banner about loans and savings habits:

Improve Your Credit Score
The higher your credit score, the better your loan rates. That's why knowing your credit score is an important first step. In this blog, we share four steps you can take to improve your credit score.
Improve your score
Understanding CD Laddering
A CD typically pays higher interest than a savings account and can help you save for major purchases. Using a strategy called CD Laddering means a portion of your money is frequently available.
Read the CD laddering blog
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The information provided by these calculators is intended for illustrative purposes only and is not intended to purport actual user-defined parameters. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results.