Debt-to-Income Calculator

A debt-to-income (DTI) ratio is a key metric lenders use to evaluate your creditworthiness and determine whether you qualify for loans. This calculator helps you understand your financial health by comparing your total monthly debt payments to your gross monthly income. Whether you're planning to apply for a mortgage, auto loan, or credit card, knowing your DTI ratio gives you a clear picture of how lenders see your ability to repay.

To use the calculator, enter your gross monthly income (before taxes) and add up all your monthly debt obligations—including mortgage or rent payments, auto loans, student loans, credit cards, and any other recurring debts. The calculator instantly computes your DTI percentage and explains what that ratio means for your loan eligibility. Most lenders prefer a DTI ratio below 43%, though some mortgage programs accept up to 50%.

A lower DTI ratio improves your chances of loan approval and may qualify you for better interest rates. If your ratio is too high, consider paying down existing debt or increasing your income before applying for new credit. This tool is helpful for anyone preparing for major financial decisions or simply wanting to monitor their financial standing.