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Understand the method before using any result. The details below describe the purpose and assumptions for this tool.
How the debt-to-income ratio calculator works
The debt-to-income ratio calculator helps you estimate results using the assumptions and values you provide. Review the formula and example before relying on the result.
Formula and assumptions
Debt-to-income ratio = monthly debt payments ÷ gross monthly income × 100.
Example
Monthly debts of 1,000 and gross income of 4,000 give a 25% DTI.
Important information
Results depend on the values, jurisdiction, date and assumptions you enter. Financial products, tax rules and medical recommendations may vary by location and change over time. Verify critical results with reliable sources.