Debt to Income ratio calculator for a Home Loan

  • Monthly Debt Payments: Includes all debt payments (utility bill is not included)
  • Gross Monthly Income: Income before taxes.

What is a Debt to Income (DTI) Ratio?

Lenders (Banks and financial institutions) utilize the DTI ratio as a key criteria to assess your loan eligibility. Generally, lenders prefer to see a DTI ratio of 35% or lower.

DTI RatioInterpretation
Below 35%Good
35% – 49%Okay
Above 49%High