DTI (Debt-to-Income) Ratio Calculator

A debt-to-income (DTI) ratio is the percentage of your income that goes towards paying debt. To calculate your DTI, you add up all your monthly debt payments and divide them by your gross monthly income. With this number, you can measure your ability to make monthly mortgage payments along with your current debts.

Monthly Debt Payments

Mortgage or Rent Car Loan or Lease Student Loans

If your student loan is currently deferred then use 1% of the balance owed.

Credit Cards Personal Loans Other Recurring Payments

This includes legally binding monthly payments — like child support or alimony. However, it doesn’t include utilities, insurance, your current rent, food, daycare, etc.