The Debt to Income Ratio Calculator is an essential financial tool designed to help businesses and individuals evaluate their financial health by comparing monthly debt payments to income. This powerful calculator provides instant, accurate assessments of borrowing capacity and financial stability, enabling users to make informed decisions about loans, investments, and financial planning. Whether you’re a financial advisor working with clients, a business owner considering expansion, or a professional managing personal finances, this calculator delivers clear insights into debt management and creditworthiness. The tool’s user-friendly interface allows for quick calculations while providing comprehensive results that can be used for financial planning and loan applications. Take control of your financial future today by utilizing our free Debt to Income Ratio Calculator to assess and monitor your financial health.
The calculator divides your total monthly debts by your gross (plus extra) income and multiplies by 100 %. A result under 36 % is viewed as “healthy,” while U.S. mortgage applicants averaged exactly 36 % in 2022 (Ellie Mae Origination Insight Report, 2022).
Your debt-to-income (DTI) ratio shows what share of your monthly income services debts. Enter annual income and monthly debt; the tool divides debt by income then multiplies by 100 to return DTI. A DTI below 36 % strengthens most loan bids; 76 % of U.S. mortgage lenders cap approvals at 43 % (CFPB, 2023).
A healthy debt-to-income (DTI) ratio sits below 36 %, while qualified mortgages stop at 43 % (CFPB, 2023). This tool divides your monthly debt by your gross income and multiplies by 100 to show that percentage—an instant snapshot of borrowing capacity.
