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.
Calculator by Toolsloft ↗- DTI ratio
- 33.33%
- Rating
- Healthy
This calculator finds your debt-to-income (DTI) ratio from your total monthly debt payments and gross monthly income. It is the figure mortgage and auto lenders check first, so run it before you apply for a loan to see where you stand and how much room you have left to borrow.
How this is calculated
DTI is computed as monthly debt payments divided by gross monthly income, times 100, then rated Healthy at or below 36 percent, Manageable up to 43 percent, and High above that, following the common lender guideline.
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.