Car Lease Questions

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This topic contains 2 replies, has 3 voices, and was last updated by  TTrumble 5 months, 2 weeks ago.

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    I have my intake appointment at the end of this month. I already know that my car lease is going to be a problem for my DTI.

    My question is, will NACA not count the lease payments when I have less than 10 left? In my case it won’t be until May 2019, but that’s better than waiting until all payments are complete.

    Thanks in advance!



    @chris2019 yes, that is correct.



    Hello Chris2019,

    Any installment debt that has ten or fewer payments remaining is not included in your budget and affordability calculations, including your auto lease.

    Tim Trumble
    Online Operations, NACA

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