Debt-to-Income Ratio Calculator

Money Fit’s Debt-to-Income Ratio Calculator makes it easy for anyone to figure out this critical ratio used by home and automobile lenders in their loan approval processes. In as little as 30 seconds, you’ll have your estimated Debt-to-Income (DTI) ratio, which you can use in conjunction with our blog on the topic to quickly determine the current state of your financial health.

Your DTI is a snapshot tool that indicates how much debt you have compared to how much income you earn monthly. A high DTI (above 30% or 35%) typically means you would struggle to afford monthly payments for any additional loans, be they car loans or store card lines of credit. The lower your DTI the more room you have in your budget to pay your bills and stay up on your loan payments.