When calculating a loan approval and they look at debt-to-income ratio, how do they treat temporary expenses?

My 3 recurring types of payments right now are car payment (will continue for 4 more years), credit card bills (only used for building credit, so will ideally become 0 in the future), and paying off a loan for a web development program). If I am making a $400 dollar payment on something that will be paid up in a year, will they decrease the mortgage amount I qualify for by $400, or do they factor in that it is temporary? Do they treat it differently than an expense that they perceive as eternal, such as a car lease, or internet bills?

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My 3 recurring types of payments right now are car payment (will continue for 4 more years), credit card bills (only used for building credit, so will ideally become 0 in the future), and paying off a loan for a web development program). If I am making a $400 dollar payment on something that will be paid up in a year, will they decrease the mortgage amount I qualify for by $400, or do they factor in that it is temporary? Do they treat it differently than an expense that they perceive as eternal, such as a car lease, or internet bills? submitted by /u/ManWithThe105IQ [link] [comments]

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