📈 Debt-to-Income Calculator
Calculate your DTI ratio for loan applications
💰 Monthly Income & Debts
📊 Your DTI Ratio
Total Monthly Debt
$2,250
Debt-to-Income Ratio
37.5%
Rating
Acceptable
Most lenders prefer under 36%
To reach 36% DTI, reduce debt by:
$90/month
Understanding Debt-to-Income Ratio
Your debt-to-income (DTI) ratio compares your monthly debt payments to gross monthly income. Lenders use DTI to evaluate your ability to manage payments and repay new debt. A lower DTI means better loan terms and approval chances.
DTI Ranges and What They Mean
- Under 36%: Excellent - ideal for loan approval
- 36-43%: Acceptable - may qualify with good credit
- 43-50%: Concerning - above FHA maximum
- Over 50%: High risk - difficult to get approved