Debt to Income
Calculate what share of income goes to monthly debt payments.
About Debt to Income
Debt-to-income is total monthly debt payments divided by gross income. Lenders commonly prefer a DTI of 36 percent or lower for a good rate. DTI is a primary factor in mortgage approval, so keeping it low directly widens borrowing options.
Formula
Debt to Income
DTI = total debt payments / income x 100
- DTI
- share of income that goes to debts
Worked example
With the default values below, Debt to Income returns Debt to Income of 36.00%. Change any input above and every figure here is recalculated in your browser.
Inputs used
- Monthly income
- 5,000
- Housing payment
- 1,400
- Other debt payments
- 400
Results
- Debt to Income
- 36.00%
- Housing Ratio
- 28.00%
- Total Debt Payments
- $1,800.00
Step by step
- 1Values used
- 2Debt to Income
- 3Debt to Income= 36.00
- 4Housing Ratio= 28.00
- 5Total Debt Payments= 1,800.00
Assumptions and limits
- The result is derived only from the 3 inputs listed above. Anything not among them is not part of the calculation.
- In particular, this calculator does not take inflation, tax, fees or charges or compounding frequency into account.
- Figures are rounded for display to 2 decimal places, so totals built from several rounded parts can differ slightly from the unrounded arithmetic.
- This is an estimate for general information and not professional financial, tax or legal advice. See the full disclaimer for the limits that apply to this kind of calculator.
How these calculators are built and tested is described on the Methodology page. If a figure looks wrong, please report it.
Frequently Asked Questions
How is Debt to Income calculated?
DTI = total debt payments / income x 100 Debt-to-income is total monthly debt payments divided by gross income. Lenders commonly prefer a DTI of 36 percent or lower for a good rate.
Why does Debt to Income matter?
DTI is a primary factor in mortgage approval, so keeping it low directly widens borrowing options.
What values do I need to enter?
This calculator takes 3 inputs: Monthly income, Housing payment, Other debt payments. The pre-filled defaults are a realistic starting point — replace them with figures from your own environment for a result you can act on.