How to Use This Debt to Income Ratio Calculator
Our free debt to income ratio calculator gives you accurate estimates in seconds. Enter your numbers above and hit Calculate — results update instantly.
All calculations use current 2026 rates and formulas. Results are estimates to help you plan — always verify with a licensed professional for final numbers.
Frequently Asked Questions
What is debt to income ratio?
DTI is your total monthly debt payments divided by gross monthly income. Lenders use it to assess your ability to manage monthly payments.
What is a good DTI ratio?
For mortgages, most lenders want DTI of 43% or below. Under 36% is good, under 28% is excellent.
What debts are included in DTI?
DTI includes mortgage, car loans, student loans, minimum credit card payments, and personal loans. It does NOT include utilities, groceries, or insurance.
How can I lower my DTI?
Pay down existing debts, avoid new debt before applying for a loan, increase your income, or pay off small balances entirely.
Does DTI affect mortgage approval?
Yes, DTI is one of the most important factors. Most conventional loans require DTI below 45%, with best rates for borrowers below 36%.