About this Debt-to-Income Ratio Calculator
Debt-to-Income Ratio Calculator provides a basic percentage of monthly debt payments relative to gross monthly income.
Formula or method
DTI = Monthly debt payments ÷ Gross monthly income × 100.
Example
1500 debt payments and 5000 gross income gives a DTI of 30%.
Common uses
- Check a personal budgeting ratio.
- Understand the DTI formula.
- Compare different debt-payment scenarios.
How to use this tool
- Enter the values or text requested by the calculator.
- Choose units or options when the tool provides them.
- Select the calculation button and review the result.
- Use the formula, example and notes on this page to check whether the result fits your situation.
Important note
Different lenders can define qualifying debt and income differently; this tool only performs the ratio you enter.
Estimate only: Money-related results are mathematical estimates. They are not financial, tax, legal, credit or lending advice.
Frequently asked questions
Does this determine loan eligibility?
No. Lenders may use different rules and many other factors.
Should income be gross or net?
The standard calculation shown here uses gross monthly income before deductions.