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Debt-to-Income Ratio
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Your debt-to-income ratio is the percentage of your gross income required to cover your housing and debt payments. The lower your debt-to-income ratio, the more manageable your debt load will be. A low debt-to-income ratio increases the odds that you will be able to meet your monthly obligations. This ratio and your credit score are the two most important factors used by creditors when extending loans and credit.
By changing any value in the following form fields, calculated values are immediately provided for displayed output values. Click the view report button to see all of your results.
Financial Calculators from
Dinkytown.net
**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.
Financial Calculators from
Dinkytown.net
Financial Calculators ©1998-2024 KJE Computer Solutions, Inc.
Debt-to-Income Ratio Calculator | C&N | C&N
*indicates required.
Your monthly income | $0.00 |
Gross amount paid
Your total gross income from your paycheck.
$0
$10k
$100k
$500k
Other income
Any other regular income you receive, such as rental payments or investment income.
$0
$10k
$100k
$500k
Spouse's monthly income | $0.00 |
$0
$10k
$100k
$500k
$0
$10k
$100k
$500k
Mortgage and debt | $0.00 |
House payment
Monthly payment for your home or apartment. For a home payment, include principal, interest, property taxes and insurance (PITI).
$0
$1k
$5k
$10k
Auto payment
Your monthly auto loan payment. This should be for your auto loan only, auto insurance should not be included.
$0
$1k
$5k
$10k
Auto two payment
Any additional auto, truck or RV payments should be entered here.
$0
$500
$2.5k
$5k
Credit card payments
Enter the total of all of your credit card payments. For this calculation, please enter the minimum payment amounts, even if you pay off a larger portion of your balance each month.
$0
$500
$2.5k
$5k
$0
$500
$2.5k
$5k
Monthly debt payments of KJE1 leave you with KJE2 |
Definitions
Gross amount paid
Your total gross income from your paycheck.
Other income
Any other regular income you receive, such as rental payments or investment income.
House payment
Monthly payment for your home or apartment. For a home payment, include principal, interest, property taxes and insurance (PITI).
Auto payment
Your monthly auto loan payment. This should be for your auto loan only, auto insurance should not be included.
Auto two payment
Any additional auto, truck or RV payments should be entered here.
Credit card payments
Enter the total of all of your credit card payments. For this calculation, please enter the minimum payment amounts, even if you pay off a larger portion of your balance each month.