Calculate your DTI ratio and see if you qualify for a mortgage or loan.
Email your personalized path to becoming debt-free
No spam, ever. We only email you about topics you care about. Unsubscribe anytime.
With your income of $0/mo, see how much home you can afford.
Open Mortgage Affordability with your numbersNow that you know your DTI, get pre-qualified for a mortgage to see what you can borrow.
Get pre-qualifiedBack-end DTI = Total monthly debts / Gross monthly income. Target <36% for best rates, max 43-50% for loan approval. Front-end DTI = Housing only / Income (target <28%).
Most lenders require DTI below 43%. Conventional loans prefer below 36%. FHA allows up to 57% in some cases. Lower is always better.
DTI = Total Monthly Debt Payments ÷ Gross Monthly Income × 100. Include proposed mortgage, car loans, student loans, credit card minimums.
Below 36% is good. Below 28% is excellent. Above 43% and most conventional mortgages won't approve you. Aim for as low as possible.
Pay off smaller debts first, increase income, don't take new debt, make extra payments on high-balance loans. Avoid new credit applications before applying.
Yes — student loan payments count in your DTI. Income-driven repayment plans lower your monthly payment and thus improve your DTI.
Calculations are for educational purposes only. Consult a qualified financial advisor for personalized advice.