Debt-To-Income Ratio Tool
Debt-to-Income Calculator
Estimate your debt-to-income ratio to better understand affordability and possible loan qualification ranges.
Enter Monthly Financial Information
Estimated Results
Estimated Debt-to-Income Ratio
33.3%
What Is a Debt-to-Income Ratio?
A debt-to-income ratio (DTI) compares your total monthly debt payments to your gross monthly income. Mortgage lenders, auto lenders, and personal loan providers often use DTI ratios to help evaluate affordability and financial risk.
Lower debt-to-income ratios may improve the likelihood of qualifying for financing and may help borrowers access better interest rates or loan terms.
My Loan Preview provides educational estimate tools only and does not guarantee loan approvals, financing offers, or interest rates.
What is considered a good debt-to-income ratio?
Many lenders prefer debt-to-income ratios below 36%, although requirements vary depending on the lender, loan type, income, and credit profile.
Does my DTI ratio affect loan approval?
Yes. Debt-to-income ratios are commonly used by lenders when evaluating mortgage loans, personal loans, and vehicle financing applications.
Does this calculator affect my credit score?
No. Using this calculator does not require a credit check and does not impact your credit score.