Debt to Income Calculator

Next step: Find out if you qualify to buy

After estimating your DTI, find out how much you can borrow by getting pre-qualified with us. Get a free quote now

What is a good debt-to-income ratio?

Your chances of qualifying for a mortgage increase as your DTI ratio decreases, giving you more lending possibilities. DTIs of 20% or below are regarded as excellent, while DTIs of 36% or lower are regarded as ideal. Check your debt-to-income ratio against the guidelines we've provided below.

36% or less - Lenders prefer a debt-to-income ratio of 36/43 since it demonstrates that you are not overcommitted. You probably have money left over after paying your monthly payments, either for saving or spending.

37% - 50% - Depending on the type of mortgage you're asking for and the criteria established by your lender, the maximum DTI may change. The maximum DTI that a house buyer can have is typically 50%.

51% or higher - Just because your DTI ratio is high doesn't guarantee you won't be approved for a mortgage. When determining whether you qualify for a loan, lenders will also take into account your credit score, savings, assets, down payment, and property value in addition to your DTI.