how do debt to income ratio limits work in nz right now

Yeah DTI gets thrown around a lot at the moment — it’s not as complicated as it sounds once you break it down. It’s based on your gross income (before tax), not your take-home pay. So the bank basically looks at: your total debt (what you’re borrowing + any other loans) divided by your annual income before tax Quick example — if you earn $100k and borrow $600k, your DTI is 6. As for the current rules in NZ: For...