Debt-to-Income Calculator
Assess your financial health with DTI ratio
Monthly Debt Payments
About Debt-to-Income Ratio
DTI ratio is a key metric used by lenders to assess your ability to manage monthly payments and repay borrowed money. It's calculated by dividing your total monthly debt payments by your gross monthly income.
Why DTI Matters:
- Lenders use it to evaluate loan applications
- Lower DTI increases chances of loan approval
- Helps you understand your financial capacity
- Guides debt management decisions