Credit and debt
Debt-to-income ratio calculator
Lenders compare monthly debt payments with monthly income before tax. Enter your payments as they appear on statements, not balances.
- Housing$1,500.00
- Other debt$700.00
- Left over$3,800.00
What this means
- 36.67% of your gross income goes to debt payments.
- You are $40.00 a month over 36%, the back-end limit in the common 28/36 guideline.
- Lenders set their own limits, and some loan programs allow more. Ask your lender which ratio they use.
What if
About this calculator
What this calculator does
It adds up your monthly debt payments and divides by your monthly income before tax. It shows the total ratio and the housing share on its own.
How it is calculated
DTI = (housing + other debt payments) / gross monthly income * 100
housing ratio = housing payment / gross monthly income * 100
How to read the result
The main figure is the back-end ratio, which counts all debt payments. The housing figure is the front-end ratio.
What counts as debt
Loan payments, card minimums, and court-ordered payments count. Utilities, groceries, phone bills, and insurance usually do not.
Sources and method
Monthly debt payments divided by gross monthly income, matching the CFPB worked example. 28/36 is shown as a common guideline, not a legal limit.
Questions
Is this based on gross or net income?
Gross, which is income before taxes. That is how lenders usually measure it.
What is the 28/36 guideline?
A common rule of thumb: housing at or under 28% of gross income and all debt at or under 36%.
Do I use balances or payments?
Monthly payments. A $5,000 card balance with a $100 minimum counts as $100.
Does DTI affect my credit score?
DTI is a lender measure based on your income, and credit reports generally do not list income. Lenders weigh DTI alongside your credit when you apply.