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.
How to Use This Calculator
Enter your gross monthly income (before taxes and deductions). Optionally enter your annual salary and the monthly income will auto-calculate. Add your monthly debt payments — mortgage or rent, auto loans, student loans, minimum credit card payments, and any other debts. You can add or remove debt rows as needed. The calculator instantly shows your DTI percentage, color-coded risk level, and how much of your income goes to debt vs. debt-free spending.
How Debt-to-Income Ratio Works
Your DTI ratio compares your total monthly debt payments to your gross monthly income. Lenders use this number to assess your ability to manage monthly payments and repay borrowed money. A low DTI (under 36%) indicates a good balance between debt and income. A DTI between 36% and 43% may still qualify for loans but with less favorable terms. Above 43%, most lenders consider you a higher risk, making it difficult to get approved. Lowering your DTI by paying down debt or increasing income improves your chances of loan approval and better interest rates.