Calculate your DTI ratio to assess your ability to manage monthly payments. Important metric for loan approval and financial health.
Your total monthly income before taxes
Include mortgage, auto loans, credit cards, student loans, etc.
0%
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Your debt-to-income (DTI) ratio is a key financial metric that lenders use to evaluate your ability to manage monthly payments and repay debts. It's calculated by dividing your total monthly debt payments by your monthly gross income.
Include all monthly debt payments: mortgage or rent, auto loans, student loans, credit card minimum payments, personal loans, and other recurring debt obligations.
Do NOT include: Utilities, insurance premiums, groceries, entertainment, or other non-debt expenses.
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