Mortgage Calculator: Total Debt to Income Ratio

This calculator determines the Total Debt to Income Ratio the lender reviews during the loan approval process. Your total long-term debt (including housing costs, car loans, student loans, alimony or child support, and balances on credit cards that will take longer than 10 months to pay off) should not exceed 36% of your monthly gross income.

 
     
PITI Payment $
Total Monthly Payments on Long Term Debts $
Borrower's Monthly Gross Income $
Co-Borrower's Monthly Gross Income $
Total Debt to Income Ratio   %
     

Calculate

 

Step 1: PITI Payment
Enter the PITI payment from the PITI Calculator. You may enter different amounts by clicking in the field and typing the new numbers.

Step 2: Total Monthly Payments on Long Term Debt
Enter the amount from the Debt Worksheet.

Step 3: Borrower Monthly Gross Income
Enter the amount from the Income Worksheet.

Step 4: Co-Borrower Monthly Gross Income
Enter the amount from the Income Worksheet.

Step 5: Calculate
Click the Calculate button to see the calculated Total Debt to Income Ratio.