Asked by Joyce  |  Submitted June 21, 2017

My student loans are in deferment. Do they count in my debt-to-income ratio?

I'm on SSD and they will be 100% forgiven in approximately 11 months.

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  Answers  |  1

June 21, 2017

Yes, they do count. You will be asked to provide a copy of the note showing the interest rate and the number of years, therefore a proposed payment can be EITHER calculated OR 1% of the balance. Depending on the loan program it may be whichever is the higher amount that is used.

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