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Debt-to-Income Ratio

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
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Debt-to-Income Ratio Calculator | C&N | C&N
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**FIG_GRAPHTITLE** Column Graph: Please use the calculator's report to see detailed calculation results in tabular form.

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.

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