Calculators / Debt-to-Income Ratio Calculator
Debt-to-Income Ratio Calculator
Work out your debt-to-income ratio (DTI) the way lenders do, and see how it compares with common mortgage and loan limits.
Example using typical numbers. Change any value to see your own.
Your debt-to-income ratio is 39.7%, acceptable to most mortgage lenders.
| Debt-to-income ratio (all debts) | 39.7% |
|---|---|
| Housing ratio (housing payment only) | 28% |
| Monthly debt payments | $2,980.00 |
| Monthly income before taxes | $7,500.00 |
| Limit | More you could borrow per month | |
|---|---|---|
| Comfortable target | 36% | $0.00 |
| Common mortgage limit (and FHA standard) | 43% | $245.00 |
| Conventional loans, with strong credit | 45% to 50% | $770.00 |
Lenders count minimum required payments, not what you choose to pay. Everyday bills such as utilities, phone and groceries don't count.
Limits vary by loan and lender. Fannie Mae and Freddie Mac allow up to 50% for many conventional loans approved through their automated systems; FHA's standard limit is 43%, with more allowed for strong applications.