Debt-to-Income Calculator
Calculate your DTI ratio and find out if you qualify for a mortgage or loan.
Income & Debts
Monthly Debt Payments
Your Debt-to-Income Ratio
36.7%
Your DTI is acceptable for most conventional mortgage lenders.
Gross Monthly Income
$6,000
Total Monthly Debt
$2,200
DTI Ratio
36.7%
DTI Thresholds by Loan Type
💡 Reduce monthly debt payments by $40 to reach the preferred 36% DTI threshold
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Consolidating high-interest debt could lower your monthly payments.
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Frequently Asked Questions
What is a good debt-to-income ratio?
A DTI below 36% is considered good by most lenders and means you have a healthy balance between debt and income. Below 20% is excellent. For mortgages, most conventional lenders prefer 43% or below. The lower your DTI, the better your odds of approval and the more favorable your interest rate will typically be.
How is DTI calculated?
Divide your total monthly debt payments by your gross monthly income (before taxes), then multiply by 100. For example, $2,000 in monthly debt payments divided by $6,000 gross monthly income equals a 33.3% DTI ratio.
What counts as debt in a DTI calculation?
Lenders count all recurring monthly obligations: mortgage or rent, car loans, student loans, minimum credit card payments, personal loans, and child support or alimony. Utilities, insurance, and groceries are not counted as debt in DTI calculations.
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