two
question: How many properties are involved in calculating debt to income ratio?, context: Calculating debt to income ratio with two properties. Well, I need to qualify for a HELOC and I am a bit confuse how to calculate my personal debt to income ratio. I have a $250,000 home and a $180,000 cabin (I rent the cabin out when I am not using it) that are paid off in full. My umbrella policy is $200 month on the house and $90 a month on the cabin (separate policies). My property taxes on my house are $5500 and $1600 on the cabin. I have a HOA fee on my cabin that is $1600 a year. Now since my cabin is a sometimes a rental property do I include it and the costs associated with it in my calculation?
How many properties are involved in calculating debt to income ratio?
Calculating debt to income ratio with two properties.
Calculating debt to income ratio with two properties. Well, I need to qualify for a HELOC and I am a bit confuse how to calculate my personal debt to income ratio. I have a $250,000 home and a $180,000 cabin (I rent the cabin out when I am not using it) that are paid off in full. My umbrella policy is $200 month on the house and $90 a month on the cabin (separate policies). My property taxes on my house are $5500 and $1600 on the cabin. I have a HOA fee on my cabin that is $1600 a year. Now since my cabin is a sometimes a rental property do I include it and the costs associated with it in my calculation?
Calculating debt to income ratio with <hl> two <hl> properties.
Calculating debt to income ratio with <hl> two <hl> properties. Well, I need to qualify for a HELOC and I am a bit confuse how to calculate my personal debt to income ratio. I have a $250,000 home and a $180,000 cabin (I rent the cabin out when I am not using it) that are paid off in full. My umbrella policy is $200 month on the house and $90 a month on the cabin (separate policies). My property taxes on my house are $5500 and $1600 on the cabin. I have a HOA fee on my cabin that is $1600 a year. Now since my cabin is a sometimes a rental property do I include it and the costs associated with it in my calculation?
<hl> Calculating debt to income ratio with two properties. <hl> Well, I need to qualify for a HELOC and I am a bit confuse how to calculate my personal debt to income ratio. I have a $250,000 home and a $180,000 cabin (I rent the cabin out when I am not using it) that are paid off in full. My umbrella policy is $200 month on the house and $90 a month on the cabin (separate policies). My property taxes on my house are $5500 and $1600 on the cabin. I have a HOA fee on my cabin that is $1600 a year. Now since my cabin is a sometimes a rental property do I include it and the costs associated with it in my calculation?