See How Much Debt You’re Carrying Before Taking On A Mortgage

Lenders Don’t Just Look At Income — They Look At What’s Already Owed.

How This Debt-to-Income Calculator Works

This calculator estimates your debt-to-income ratio by comparing your gross monthly income to your recurring monthly debt obligations.

Mortgage lenders often use DTI ratios to evaluate whether borrowers may realistically afford additional debt and mortgage payments.

A lower DTI ratio may improve mortgage approval chances and financing options.

FAQ

What is a debt-to-income ratio?

A debt-to-income ratio compares your monthly debt payments to your gross monthly income and is commonly used by mortgage lenders during loan approval.

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What is considered a good DTI ratio?

Many lenders prefer debt-to-income ratios below 36%, although some mortgage programs may allow higher ratios depending on credit profile and loan type.

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Does a lower DTI help mortgage approval?

Yes. Lower debt-to-income ratios may improve approval odds, financing flexibility, and borrowing power.

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What debts count toward DTI?

Mortgage payments, rent, car loans, credit cards, student loans, and personal loans are commonly included in DTI calculations.

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Why do lenders use DTI ratios?

DTI ratios help lenders estimate whether borrowers may realistically manage additional monthly loan payments.

Want To See What Home May Fit Your Budget?

Use our Home Affordability Calculator to estimate how much house may realistically fit your income, debt, taxes, insurance, and monthly expenses.

Check Home Affordability