Finance Tools

Farm Debt-to-Income Ratio Calculator

Calculate farm debt-to-income (DTI) ratio using annual debt payments and farm income. Includes operating vs long-term debt split and a quick coverage view to assess borrowing capacity.

Farm DTI (debt-to-income) estimates how much of your annual income goes to debt payments. This version also splits operating vs long-term debt and shows a simple coverage view using income minus operating expenses.

Income (annual)

Use gross income or net income—just be consistent when comparing over time.

Debt payments (annual cash outflow)

Operating note / line of credit payments.

Land loans, equipment loans, mortgages, etc.

Optional: operating expenses (for coverage view)

Seed/feed, fertilizer, fuel, labor, utilities, repairs, insurance, etc.

Total debt payments

$60,000

Debt payment share of income (DTI)

24.0%

Operating debt share: 30.0%

Long-term debt share: 70.0%

Operating surplus (income − operating expenses): $80,000

Coverage (surplus ÷ debt payments): 1.33

Tip: DTI answers “how heavy is debt relative to income,” while coverage answers “can surplus service the payments.”

How it works

  • DTI (%) = (annual debt payments ÷ annual income) × 100
  • Split operating vs long-term debt to see what’s driving the ratio
  • Coverage uses (income − operating expenses) as a quick “payment capacity” check

FAQ

What is a “good” farm DTI?
It depends on commodity volatility and margins. Lower is safer, but the key is whether your surplus covers payments through down cycles.

Should I use gross income or net income?
Either works if you stay consistent. Gross is common for quick screening; net is stricter.

How to use this farm debt-to-income ratio calculator

  1. Enter your annual farm income (gross or net, but be consistent).
  2. Enter annual operating debt payments (operating loan/line of credit).
  3. Enter annual long-term debt payments (land, equipment, mortgages).
  4. Review DTI ratio, debt payment share, and coverage indicators.

Example

Example farm DTI calculation:

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