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Debt-to-Income Ratio

Calculates the debt-to-income ratio lenders use to judge affordability.

Interactive inputs coming — use the formula and example below.

Rechenbeispiel

$2,000 debt on $6,000 income is a 33% DTI.

So funktioniert's

  • Use the formula below with your own figures.

Die Formel

DTI = monthly debt ÷ gross monthly income.

Rechenbeispiel

$2,000 debt on $6,000 income is a 33% DTI.

Häufige Fragen

What DTI is good?

Many lenders prefer 36% or lower.

Why does it matter?

High DTI can block loans or raise rates.

Tipps

  • Pay more than the minimum — it changes payoff dramatically.
  • Attack the highest-rate balance first to save the most.
  • Stop adding new charges while you pay debt down.

Begriffe

Minimum payment
The smallest amount due each period.
Utilization
Balances divided by credit limits.
Consolidation
Combining debts into one loan.