Debt-to-Income Ratio Calculator

    Calculate your debt-to-income ratio to assess financial health

    Income and Debts

    Enter your monthly income and debt payments

    About Debt-to-Income Ratio

    Your debt-to-income (DTI) ratio is a key metric that lenders use to assess your ability to manage monthly payments and repay borrowed money. It’s calculated by dividing your total monthly debt payments by your gross monthly income.

    •DTI Ratio Guidelines

    • –Below 36%: Excellent — You have a healthy balance between debt and income.
    • –36–43%: Good — Manageable debt level, acceptable for most lenders.
    • –43–50%: Fair — High debt burden, may face difficulty getting approved.
    • –Above 50%: Poor — Very high debt burden, consider debt reduction strategies.

    •What Debts Are Included?

    Include all recurring monthly debt payments such as:

    • –Mortgage or rent
    • –Car loans and personal loans
    • –Student loans
    • –Credit card minimum payments
    • –Child support or alimony

    Do not include utilities, groceries, or insurance — these are living expenses, not debts.

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