Buying a Kansas Home with Student Loans

Student loan debt affects DTI — but it doesn’t usually prevent a Kansas home purchase. Here’s how each program treats student debt.

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Quick answer

Student loan debt affects DTI — but it doesn’t usually prevent a Kansas home purchase. Here’s how each program treats student debt.

What Kansas buyers in this situation should know

Fannie Mae / Conventional: uses your actual monthly payment on the credit report, or 1% of the balance, or IBR payment as documented — whichever is lowest.
FHA: uses actual payment, 0.5% of balance, or IBR payment — whichever is lowest.
VA: typically uses actual payment; for deferred loans, 5% of balance divided by 12.
USDA: uses actual payment or 0.5% of balance.
Income-driven repayment plans often help DTI calculations significantly. Get on one before applying if you have a high balance on standard repayment.

Next step

Scenarios get complicated. Start a pre-approval and Radley reviews your specific file, documents, and credit — personally. Or call (620) 860-4480 for a 15-minute no-credit-pull conversation.

Buying a Kansas Home with Student Loans

What Kansas buyers in this situation should know

Next step

Every scenario is a real number — after a real pre-approval.