Credit Lab
Debt-to-income ratio calculator
Your debt-to-income ratio (DTI) is the share of your gross monthly income that goes to debt payments. Lenders look at it alongside your credit when you apply for a car loan, mortgage or apartment. Enter your income and payments to see yours.
Yearly salary ÷ 12, plus other steady income.
Debt-to-income ratio
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Enter your income and monthly debt payments.
Lenders set their own limits and may count income and debts differently, so this is a planning estimate, not an approval decision.
How this calculator works
- DTI = total monthly debt payments ÷ gross monthly income (before taxes) × 100.
- Debt payments include rent or mortgage, car loans, minimum card payments, student loans and other loans.
- Everyday bills like utilities, phone, groceries and insurance usually aren't counted.
- Add a payment for a loan you're considering to see your DTI after it.
Frequently asked questions
What is a good debt-to-income ratio?
Lower is generally better, but each lender sets its own limits, and they differ by loan type. Use your ratio as a planning number and ask the lender what it looks for.
Does my debt-to-income ratio affect my credit score?
No. Your income isn't on your credit report, so DTI isn't part of your score. Lenders look at it separately when deciding on an application.
Should I use gross or net income?
Most lenders use gross income, which is your income before taxes and deductions. That's what this calculator uses.
How can I lower my debt-to-income ratio?
Pay down debts with monthly payments, avoid taking on new debt before you apply, or increase your income. Paying off a small loan entirely removes its whole payment from the calculation.
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Get My Credit PlanFor education only, not financial advice. Calculations run in your browser and your numbers aren't saved or sent anywhere.