Debt-to-Income Ratio Calculator
Compute your debt-to-income (DTI) ratio as a percentage using monthly debt payments and gross monthly income.
DTI is an estimate; lenders may calculate it differently or include additional factors.
Examples
- $2000 debt, $5000 income ⇒ 40%
- $1500 debt, $3000 income ⇒ 50%
FAQ
What is DTI?
DTI compares your monthly debt payments to your gross income.
Why does DTI matter?
Lenders use DTI to assess your ability to manage payments.
Is lower DTI better?
Yes, lower ratios indicate less financial strain.
Does this include taxes?
Use gross income before taxes for standard DTI calculations.
Additional Information
No additional information available.