Dante makes $45000 annually and his spouse makes $52,000 annually. His spouse has credit card monthly payments worth $179.45. Dante has a personal loan payment worth $98.71 each month. Finally, their current mortgage payment is $1201.35 each month.
Their second mortgage payment looks to be around $1350.78 per month.
a. What would be their old debt-to-income ratio (before the second mortgage)? using DTI to solve