Finance Tools
Debt-to-Income (DTI) Ratio Calculator
Calculate your DTI ratio to see if you qualify for a mortgage or loan based on your income and monthly debt payments.
How to use this debt-to-income (dti) ratio calculator
- Enter your total monthly gross income (before taxes).
- Enter all monthly debt payments: credit cards, auto loans, student loans, etc.
- Click Calculate to compute your DTI ratio.
- Compare your DTI to typical lender requirements for mortgages and loans.
Example
For example, if your gross monthly income is $6,000 and your monthly debt payments total $1,500, this calculator will show:
- Your exact DTI percentage.
- Whether your DTI is acceptable for most mortgage lenders.
- How adjusting income or reducing debt affects your qualification chances.
- A clear breakdown of debt categories contributing to the ratio.
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