Debt-to-Income Ratio Calculator
Calculate your debt-to-income ratio to understand your financial health and loan qualification chances.
Enter Your Financial Details
Monthly Income (Before Tax)
Monthly Debt Payments
Your DTI Results
Debt-to-Income Ratio
0%
Enter your details to calculate
Total Monthly Income
$0
Total Monthly Debt
$0
DTI Guidelines
Excellent (≤ 20%)
Great financial health
Good (21-35%)
Manageable debt level
Fair (36-49%)
Consider reducing debt
Poor (≥ 50%)
High risk, reduce debt
Understanding Debt-to-Income Ratio
What is DTI Ratio?
Your debt-to-income ratio compares your monthly debt payments to your gross monthly income. It's a key metric lenders use to assess your ability to repay loans.
Why DTI Matters
- Loan approval decisions for mortgages and other credit
- Interest rates offered by lenders
- Overall financial health assessment
Key Formula
DTI Ratio:
DTI = (Total Monthly Debt / Gross Monthly Income) × 100
Improving Your DTI
- Increase your income through promotions or side work
- Pay down existing debt balances
- Avoid taking on new debt