How Much Debt
The debt-to-income ratio is calculated by dividing your fixed monthly debt expenses by your gross monthly income. As a basic rule, you should live within the following percentages:
Calculating Your Debt-to-Income Ratio Input the following data to calculate your debt ratio: monthly housing debt/rent expenses including taxes, insurance. monthly installment loan payments monthly revolving credit line payments real estate loan payment on non-income producing property alimony and child support any tax or legal assessments
Calculating Your Debt-to-Income Ratio
Input the following data to calculate your debt ratio:
Debt Ratio Barometer:
* Calculations are based upon the assumptions you entered. Please note that rounding errors can make a small difference in calculations. Your actual mortgage lending rate may vary depending on your credit quality and lender. The circumstances surrounding your credit and loan qualifications may result in different calculations.