Debt-to-Income Ratio Calculator
Check your debt-to-income ratio — the number lenders use to decide whether to approve your loan. A DTI under 36% is considered ideal.
Quick Answer
This debt-to-income ratio calculator instantly computes your DTI percentage. Lenders use this ratio to assess loan eligibility — keep it below 36% for optimal borrowing power.
How to Use This Calculator
Enter your gross monthly income (before taxes and deductions). Enter your monthly debt payments — mortgage or rent, auto loans, student loans, minimum credit card payments, and any other debts. Add or remove debt items as needed. This debt-to-income ratio calculator instantly shows your DTI percentage, color-coded risk level, and whether lenders are likely to approve your loan application.
How Debt-to-Income Ratio (DTI) Works
Your DTI ratio compares total monthly debt payments to gross monthly income. Lenders use this number to assess your ability to manage payments and repay borrowed money. A low DTI (under 36%) indicates good debt-to-income balance. Between 36% and 43% may qualify with conditions. Above 43%, most lenders consider you higher risk. Use this DTI calculator to check your ratio before applying for a mortgage, auto loan, or personal loan. Lowering your DTI by paying down debt or increasing income improves approval chances.
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