This is the percentage of your monthly income that goes toward debt. Most lenders prefer a DTI below 43% , though some programs allow higher.
Since Social Security is often non-taxable, many lenders allow you to "gross up" the amount. They may add 25% to your actual benefit amount when calculating your income to account for the lack of tax withholding. buying a home on social security
Social Security is considered high-quality income because it is guaranteed for life. This is the percentage of your monthly income