DTI Incorrect, Paying Off Credit Cards
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Listing Information
Amount: $21,000.00 Status: Loan created
Grade: AA DTI: 10,000%
Lender Rate: 17% Borrower: TinkFan
Time Left: Finished State: IL
Funded: 100% Group: (No Group)
Loan Information
Loan Status: Paid Origination Date: 2007-04-27 EricsCC ROI: 17%
Status History
Apr 27, 2007 Current
Feb 13, 2008 Payoff in progress
Feb 16, 2008 Paid
Purpose of loan:
To pay off high interest debt. After paying off all of my credit cards, I will apply the rest to my second mortgage so I can get a better rate when I refinance.

My financial situation:
My husband and I own two cars free and clear. My DTI is that way because I only work part time and my husband works full time, and I can't use his income for this listing. The credit card debt is from when we were both in college and supporting ourselves.

My monthly budget:
Mortgage/rent: $969
Insurance: $55
Car expenses: $30
Utilities: $200-250
Phone, cable, internet: $100
Food, entertainment, clothing, household expenses $450
Credit cards and other loan payments: $500 (we pay extra)
Other expenses: $200 (student loans)
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Total monthly expenses: $2554 (estimated)
Borrower's Other Listings
272086 Refinance Current Prosper Loan AA $12,500 @ 11% Jan 28, 2008 Loan created

 

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