Making sure your debt load is balanced to your income level.
Finding out your debt-to-income ratio is fast and easy with this our debt-to-income ratio calculator. Use your budget to fill in the numbers below and see your personal DTI ratio. If you’re not sure what it means, there’s more information below about what different DTI ranges could mean. We recommend returning to this page to periodically check your debt ratio, particularly if there has been a recent change in your income or financial situation.
Note: All values required below are monthly. If you receive income and/or make payments on a different schedule, determine how much you pay on a monthly basis to enter the values below.
Debt-to-Income Ratio Calculator
What is a debt-to-income ratio?
Debt-to-income ratio is what lenders use to determine if you are eligible for a loan. If you have too much debt relative to your income, you won’t get approved. It’s always a good idea to check your debt-to-income ratio before you apply for a loan to make sure you can get approved. If you maintain a debt-to-income ratio of 36% or less, then you can easily get approved for most new credit cards and loans.
