DTI Calculator
Calculate your debt-to-income ratio and assess your financial health
Monthly Income
Enter your gross monthly income before taxes and deductions
Monthly Debt Payments
Mortgage/Rent
Monthly housing payment
Credit Cards
Minimum credit card payments
Auto Loan
Car loan payment
Student Loans
Student loan payments
Personal Loans
Personal loan payments
Other Debt
Other recurring debt payments
Your DTI Analysis
High debt levels indicate financial stress. Immediate action needed.
Front-End Ratio
Housing payment only (ideal: ≤28%)
Back-End Ratio
All debt payments (ideal: ≤36%)
Mortgage Qualification
Recommendation
Your debt levels are dangerous. Devote as much money and energy as possible to repaying loans.
Debt Capacity Analysis
Enter your target or lender's maximum acceptable DTI percentage
Debt Breakdown
DTI Guidelines
Outstanding financial flexibility
Good management, be cautious with new debt
Focus on debt reduction
Immediate action needed
Seek professional help
Mortgage Standards
28/36 Rule
- • Housing costs ≤ 28% of gross income
- • Total debt ≤ 36% of gross income
FHA Loans
- • More flexible: up to 43% DTI
- • Lower down payment requirements
Improvement Tips
- • Pay down high-interest debt first
- • Increase income through side work
- • Avoid taking on new debt
- • Consider debt consolidation
Understanding Debt-to-Income Ratio
What is DTI?
The debt-to-income ratio (DTI) measures how much of your monthly income goes toward paying debts. It's calculated by dividing your total monthly debt payments by your gross monthly income and multiplying by 100.
Formula
DTI = (Total Monthly Debt / Gross Monthly Income) × 100Why It Matters
- Lenders use DTI to assess loan eligibility
- Helps you understand your financial health
- Guides decisions about taking on new debt
- Critical for mortgage qualification
What Counts as Debt?
Include:
- • Mortgage or rent payments
- • Credit card minimum payments
- • Auto loan payments
- • Student loan payments
- • Personal loan payments
- • Child support/alimony
Don't Include:
- • Utilities (unless past due)
- • Insurance premiums
- • Groceries and living expenses
- • Taxes
- • Savings contributions
Calculate Income
Use gross monthly income before taxes
Sum All Debts
Add up all monthly debt payments
Calculate Ratio
Divide debt by income and multiply by 100