List required minimum payments from your statements to calculate your debt-to-income ratio.
List required minimum payments from your statements to calculate your debt-to-income ratio.
Income
Gross income before taxes — what lenders use for DTI.
Before taxes and payroll deductions — W-2 or offer letter amount.
Use statement minimums. Skip balances, rent, utilities, groceries, and subscriptions.
No required debt payments added. If you have none, your total is $0.
Debt-to-Income Ratio
0.0%
Within the common 36% planning target
$0.00/mo debts on $5,000.00/mo gross
Carry these debt payments into home affordability to see how much housing fits your income.
About $1,800.00/mo of headroom before hitting 36% total DTI (before a new mortgage). Rent and utilities are not included.
Your monthly numbers
Reference points
Common planning guidelines, not approval limits.
36% DTI usage
Your monthly numbers
Reference points
Common planning guidelines, not approval limits.
36% DTI usage
Debt-to-income ratio compares required monthly debt payments with gross monthly income. Divide the payments by income before taxes, then multiply by 100. A $500 debt total and $5,000 gross monthly income produces a 10% ratio.
Use the required amount shown on each current statement: credit card minimums, auto loans or leases, student loans, personal loans, and other recurring obligations. Do not average purchases from a bank account or include rent, groceries, utilities, insurance, and subscriptions in this debt total.
The 36% and 43% results are reference points commonly used in home-loan planning, not promises of approval. A lender may treat deferred loans, debts ending soon, support obligations, or debts paid by someone else differently after reviewing documentation.
Check the minimum or required payment on each current loan and credit card statement. A credit report can help you remember open accounts, but use current statements for the amount due.
No. Enter the required monthly minimum payment, not the full balance and not your average monthly purchases.
Not in this debt total. Rent, utilities, groceries, insurance, and subscriptions belong in a budget. A lender separately evaluates the future housing payment.
No. Lenders also review credit, income stability, assets, loan type, and their own underwriting rules. This calculator is a planning estimate.