Calculate your DTI ratio for loan applications. Know your borrowing power instantly.
Calculate your DTI for loan applications
This free calculator gives you instant, accurate results with no signup required. Use it to make smarter, more informed financial and life decisions.
Always double-check important financial decisions with a qualified professional. This calculator provides estimates for guidance purposes. Results may vary based on your specific circumstances.
Your debt-to-income ratio (DTI) is one of the most important numbers lenders look at — more important than your credit score for many loan approvals. It tells lenders what percentage of your income is already committed to debt payments.
Most mortgage lenders want to see a DTI under 36%, though some programs allow up to 43-50% with strong compensating factors like a large down payment or excellent credit. For personal loans and auto loans, lenders are typically more flexible, accepting DTIs up to 45%.
A DTI under 20% is considered excellent and typically unlocks the best interest rates across all loan types. Between 20-35% is generally fine for most approvals. Above 50% signals real financial strain and will make new credit difficult or expensive to obtain.
The fastest ways to improve your DTI are paying down revolving debt (credit cards) rather than installment debt, and increasing income through a raise, side income, or refinancing existing debt to lower monthly payments. Use the calculator above to see exactly where you stand and how paying off a specific debt would change your ratio.