Debt-to-Income Ratio Calculator
Calculate your debt-to-income (DTI) ratio instantly. Lenders use DTI to assess loan eligibility — keep yours under 43% for best mortgage rates.
Your debt-to-income ratio (DTI) compares monthly debt payments to gross monthly income. Lenders use DTI to decide whether you qualify for a mortgage or loan — and at what interest rate.
Front-end vs back-end DTI
- Front-end DTI: housing costs only (mortgage P&I + taxes + insurance) ÷ gross income. Lenders prefer under 28%.
- Back-end DTI: all monthly debt payments ÷ gross income. Most lenders require under 43% for qualified mortgages.
How to lower your DTI
- Pay down high-balance revolving debt (credit cards) first
- Avoid taking on new loans before applying for a mortgage
- Increase income through raises, bonuses, or a side hustle
- Refinance high-payment loans to lower monthly obligations
DTI limits by loan type
- Conventional loan: max 45–50% DTI
- FHA loan: max 57% DTI with compensating factors
- VA loan: guideline is 41%, but exceptions exist
- Jumbo loan: typically max 43% DTI