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Debt-to-Income Ratio Calculator
Check the number lenders look at first when you apply for a loan.
Your debt-to-income ratio-
- Total monthly debt
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- Housing ratio (front-end)
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- Room left under 36%
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What is a good debt-to-income ratio?
36% or less is considered healthy and qualifies for the best rates. 37% to 43% is acceptable for most mortgages, and 43% is the traditional limit for a qualified mortgage. 44% to 49% is possible with some programs, such as FHA loans with strong credit or reserves. 50% and above makes most loans hard to get.
What counts as debt
Count required monthly payments: housing, car loans, student loans, minimum card payments, personal loans, alimony and child support. Utilities, groceries, phone bills and insurance premiums are not included. Use income before taxes.