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Income Ratio calculator

Check your housing and total-debt ratios against your gross income, the two numbers lenders look at first.

How it works Report a problem

Income Ratio calculator

Enter your values below and press Calculate to see your result instantly.

Your DTI (Debt-to-Income) Score
35.3%
MORTGAGE QUALIFICATION
Highly Favorable
FREE CASH FLOW
$4,200
Your DTI falls into the Excellent (<36%) bracket, making you an ideal candidate for premier lending rates.

About the Income Ratio calculator

Check your housing and total-debt ratios against your gross income, the two numbers lenders look at first.

How to use the Income Ratio calculator

  1. Enter your Gross Monthly Income.
  2. Enter your Monthly Mortgage/Rent and your Auto Loans & Credit Cards payments.
  3. Press Check My Ratios.

Formula and method

Housing ratio = housing cost ÷ gross income. Total debt ratio = (housing + other debts) ÷ gross income.

Worked example

Income of $6,000, rent of $1,500 and other debts of $500: housing ratio 25% and total debt ratio 33.3%.

Tips

  • Many lenders like a housing ratio under 28% and a total debt ratio under 36%.
  • Paying down debts lowers both ratios.

Frequently asked questions

Are these ratios the same as debt-to-income?
The total debt ratio is the same idea as the debt-to-income (DTI) ratio.