Debt-to-Income Ratio Calculator

Calculate your DTI ratio to understand your financial health and loan eligibility

Enter Your Financial Information

Monthly Debt Payments

Your Debt-to-Income Ratio

0.0%

Excellent

Monthly Income:$0
Total Monthly Debts:$0

DTI Ratio:0.0%

What this means:

Excellent! You have a very manageable debt load and should qualify for the best loan terms.

DTI Ratio Guidelines

≤20%

Excellent

Very low debt burden, excellent loan prospects

21-36%

Good

Manageable debt, good loan qualification

37-43%

Fair

Higher debt burden, limited loan options

>43%

High Risk

Difficult to qualify for new loans

How to Improve Your DTI Ratio

Increase Income

  • • Ask for a raise or promotion
  • • Take on freelance or side work
  • • Sell unused items
  • • Consider a higher-paying job

Reduce Debt

  • • Pay off credit card balances
  • • Make extra payments on loans
  • • Consolidate high-interest debt
  • • Avoid taking on new debt