vayub4 wrote:
Not necessarily accurate or applicable to everyone. DTI is a matter of your monthly debt payments (or future payments) as a percentage of your monthly income. So even with $50 per month on each of the 3 cards, OP would only have a DTI of 6%, which is super low.
Additionally, often mortgage payments are significantly lower than rent. So by having a mortgage you could end up paying off debt faster than renting.
I like your response. Would you be willing to chat privately? I am looking into home ownership
I sent you a PM with Shane The Mortgage Man's contact info. He seems to be the go-to for home buying advice here.