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Finance

Debt-to-Income Calculator

Express monthly debt payments as a percentage of monthly gross income.

Amounts stay on this deviceMethod and assumptions below
Financial workspace
Financial workspace

Check the assumptions, then compare another scenario.

See the method

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Runs on your device

Your financial summary

Your result

Let’s calculate.

Use the Calculate button to see your result.

Estimate based on your inputs and the stated assumptions.

How to use this tool

  1. Enter monthly debt payments, monthly gross income.
  2. Select Calculate to view the result.
  3. Check the method and assumptions below before using the result.

Input reference and sample values

Use the units and choices shown for each field. Sample values are provided for practice, not as recommendations.

InputFormat and unitsSample
Monthly debt paymentsNumeric value. Zero or positive.1500
Monthly gross incomeNumeric value. Must be greater than zero.5000

Result for these sample inputs

30 percent
Basis
Monthly debt payments ÷ monthly gross income

Select Try the example in the form to load these values and calculate them again. This replaces the current form inputs. Compare the result with the method and worked explanation below.

The method, explained

Debt-to-income ratio = monthly debt payments ÷ monthly gross income × 100.

A WORKED EXAMPLE

Monthly debt payments of 1,500 with gross income of 5,000 give a DTI of 30%.

What to keep in mind

Enter recurring payments rather than outstanding debt balances. Lenders may include different obligations and income sources; this tool does not determine eligibility.

Common questions

Should I use take-home income?

This calculation uses gross income before deductions. A take-home budget ratio is a different measure.

Does a particular DTI guarantee approval?

No. Underwriting also depends on lender rules and other financial information.

Methodology maintained by ClarityKit. How these tools are built and checked.