Money calculators
Debt-to-Income Ratio Calculator
Calculate a monthly debt-to-income ratio from recurring debt payments and gross monthly income.
Calculate a simple debt-to-income ratio (DTI) by comparing monthly recurring debt payments with gross monthly income before taxes.
DTI formula
Divide monthly debt payments by gross monthly income and multiply by 100. For example, $1,500 of monthly debt divided by $6,000 gross income equals 25%.
What counts as debt can vary
Lenders may include housing payments, auto loans, student loans, credit-card obligations, alimony, or other recurring debts based on their own underwriting rules.
Do not treat this as an approval threshold
Loan programs and lenders can use different DTI rules and may consider credit, reserves, property type, and other factors.
Frequently asked questions
Should I use net or gross income?This calculator uses gross monthly income before taxes.
Does rent count?That depends on the purpose and lender's definition. Enter the recurring obligations you want to analyze.
Does a lower DTI guarantee approval?No.