Finance
Debt-to-Income Ratio Calculator
Calculate DTI from monthly debt payments and gross monthly income.
Formula
DTI equals monthly debt payments divided by gross monthly income, times 100.
How it works
Lenders use DTI to judge affordability — lower is generally stronger. This uses gross income before tax, and debt payments include loans and cards, not rent in some definitions, so check which version a lender uses.
FAQs
What is a good DTI?
Under 36% is commonly seen as comfortable; above 43% can limit borrowing.
Does rent count?
Some lenders include housing costs, others use debt only — ask which they use.
Can I lower my DTI?
By paying down debt or raising income; the ratio moves with both.
Are these figures financial advice?
No — they are estimates for planning only, not financial advice. Check with a qualified adviser for decisions involving large sums.
Estimates only, not financial advice. Figures are approximate and do not include all fees, taxes, or changing rates unless stated.