Calculate your DTI ratio to understand your financial health and borrowing capacity. Currently calculating in US Dollar.
Monthly Income
Total Monthly Income
$6,000
Monthly Debts
Total Monthly Debts
$2,350
Your Debt-to-Income Ratio
39.2%
Your DTI is acceptable but could limit some loan options.
Front-End DTI
25.0%
Housing only
Back-End DTI
39.2%
All debts
Annual Income
$72,000
Gross yearly
Annual Debt
$28,200
Yearly payments
At 36% DTI (Ideal)
Over by $0
need to reduce debt
At 43% DTI (Max Qualified)
+$230
additional monthly debt
To Reach 36%
-$190
monthly debt reduction needed
Debt-to-income ratio compares your monthly debt payments to your gross monthly income. Lenders use this to evaluate your ability to manage monthly payments and repay debts.