Debt-to-Income Calculator
Calculate your debt-to-income (DTI) ratio from your monthly debt payments and gross monthly income. Lenders generally prefer a DTI at or below the 36% guideline. Free and accurate.
- DTI ratio
- 33.33%
- Rating
- Healthy
How to use
- Enter your total monthly debt payments.
- Enter your gross monthly income (before taxes).
- Read your DTI ratio and rating against the 36% guideline.
Examples
- $2,000 debt on $6,000 income:
DTI 33.33% → Healthy - $3,000 debt on $6,000 income:
DTI 50% → High
FAQ
- How is the debt-to-income ratio calculated?
- DTI = monthly debt payments ÷ gross monthly income × 100.
- What is a good DTI ratio?
- Many lenders prefer a DTI at or below 36%. A DTI up to 43% is often manageable, while higher ratios may limit borrowing.
- What counts as monthly debt?
- Recurring obligations like rent or mortgage, car loans, student loans, and minimum credit card payments.