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Syyina t1_iuhnd9d wrote

Reply to comment by wiillrus in Multiple Mortgages and Their Effect by wiillrus

I think lenders will consider your total debt and your income, not necessarily the amount of your monthly payment or the portion of the monthly payment that you have agreed to pay.

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twotall88 t1_iuho8jp wrote

>not necessarily the amount of your monthly payment

Debt-to-Income (DTI) is literally the ratio of total monthly payments (credit bureaus have the payment amounts) over your monthly gross income. https://www.consumerfinance.gov/ask-cfpb/what-is-a-debt-to-income-ratio-en-1791/

This would be the whole mortgage payment as both OP and brother are equally liable for the $1,000 payment.

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