HELOC as DP to Purchase Investment Property

[Luke Walker]

I am looking to use a HELOC on my PR to use as the DP on a new investment property. It will be my first, and I wanted to see if anyone knew - will the proposed interest payments on the HELOC funds be calculated into my DTI for the investment property purchase?

For example, if I am using $100k in HELOC funds for DP, will the roughly $500 interest payments be calculated into my qualifying DTI?

Any feedback is super appreciated!