Do Roth IRAs count as debt when applying for a mortgage? (In the Debt to income ratio) Submitted by [deleted] t3_yisg63 on October 31, 2022 at 11:31 PM in personalfinance [deleted] 5 comments 0
AutoModerator t1_iuk8jdj wrote on October 31, 2022 at 11:31 PM #413,590 You may find these links helpful: Retirement Accounts "How to handle $" I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. 1
DeluxeXL t1_iuk8ly0 wrote on October 31, 2022 at 11:32 PM #413,632 No, because you are not required to contribute to Roth IRA. The "D" in "DTI" only includes the absolute minimum obligations. 16
Rando4429 t1_iuk9djx wrote on October 31, 2022 at 11:38 PM #414,074 Don’t buy a house, you aren’t ready. This is a very basic personal finance concept, and you didn’t know the answer. No shame, but work on educating yourself first before taking on a mountain of debt as the economy heads downhill −2−
93195 t1_iukb8cu wrote on October 31, 2022 at 11:53 PM #415,342 Of course not. They’re an asset, not a debt or liability. Any continuing monthly investment is entirely discretionary. 11
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