How to Use the Debt-to-Income Calculator
Enter your gross monthly income and each recurring debt payment (mortgage or rent, car loan, student loans, minimum credit card payments) — the calculator totals the debt payments, divides by income, and shows your DTI ratio compared against common lending thresholds like 36% and 43%.
The Debt-to-Income Calculator applies the same formula lenders use — here's what to enter for an accurate result.
Entering income and debt payments
Use gross (pre-tax) monthly income, and include only recurring debt payments as described in the guide on what counts as debt — leaving out everyday living expenses like groceries and utilities, since those aren't part of a standard DTI calculation.
Reading the result against common thresholds
The calculator shows your ratio alongside commonly cited lending thresholds (often around 36% and 43%), giving a sense of where your current debt load falls relative to typical lending standards — useful context before applying for a new loan or mortgage.