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Finance Calculators
Debt-to-Income (DTI) Ratio Calculator
Calculate your debt-to-income (DTI) ratio — the share of your gross monthly income that goes toward debt payments.
Debt-to-income ratio
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About the Debt-to-Income (DTI) Ratio Calculator
Debt-to-income (DTI) ratio measures how much of your gross monthly income goes toward paying debts, such as loans, credit cards and mortgage or rent. Lenders use it to gauge borrowing risk.
Formula: DTI = (Total Monthly Debt Payments ÷ Gross Monthly Income) × 100
Most mortgage lenders prefer a DTI below 36-43%. A lower DTI generally means more room in your budget and better loan approval odds.
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