Selling Guide

Published April 07, 2021

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Do I need to include a payment for revolving debt that is paid off?

If a revolving account balance is to be paid off at or prior to closing, a monthly payment on the current outstanding balance does not need to be included in the borrower's long-term debt, i.e., not included in the debt-to-income (DTI) ratio. Such accounts do not need to be closed as a condition of excluding the payment from the DTI ratio.


See B3-6-02, Debt-to-Income Ratios for additional guidance on calculating total monthly obligations for qualifying purposes.

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