Debt-to-Income Ratio Calculator
Calculate your DTI ratio and see if you qualify for a mortgage. Compare to FHA and conventional limits.
Debt-to-Income Ratio
0.0%
Excellent
Total Monthly Debts
$0.00
Max New Payment (43% DTI)
$2,150.00
DTI Analysis
| Monthly Gross Income | $5,000.00 |
| Total Monthly Debts | $0.00 |
| DTI Ratio | 0.0% |
Qualification Notes
Your DTI is within FHA guidelines (max 43%). You may qualify for an FHA loan.
Your DTI is within conventional loan guidelines (max 36%). You may qualify for a conventional loan.
Use the Debt-to-Income Ratio Calculator above to calculate your results. Enter your values and see instant results — all calculations run in your browser.
Disclaimer: This calculator is for informational purposes only and does not constitute tax, financial, or legal advice. Results are estimates based on the information you provide and current rates. Always consult a qualified tax professional or financial advisor for advice specific to your situation.
How It Works
Our Debt-to-Income (DTI) Ratio Calculator helps you quickly determine your DTI, a crucial metric lenders use to assess your ability to repay a mortgage. Understanding your DTI is essential for mortgage pre-approval in 2026, as it directly impacts whether you qualify for conventional or FHA loans. This tool allows you to compare your personal DTI against current FHA and conventional lending guidelines, giving you a clear picture of your mortgage readiness.
Your DTI is calculated by dividing your total monthly debt payments by your gross monthly income. This calculator considers all recurring monthly debts, including credit card minimums, student loan payments, auto loans, and any existing mortgage or rent payments, against your income before taxes and deductions. We then present this as a percentage, reflecting the portion of your income dedicated to debt.
When calculating your DTI, always use your gross monthly income, not your take-home pay. Be sure to include all recurring monthly debt obligations, not just major loans; even small monthly payments can add up. A common mistake is overlooking future property taxes and homeowners insurance, which will be factored into your mortgage payment and thus your DTI by lenders.
Example: First-Time Homebuyer in 2026
- 1 Let's say Jane earns a gross monthly income of $6,000. Her monthly debts include a $300 car payment, $200 in student loan payments, and $100 in minimum credit card payments. She's looking at a house with an estimated principal, interest, taxes, and insurance (PITI) payment of $2,000 per month.
- 2 First, we calculate Jane's total monthly debt payments: $300 (car) + $200 (student loans) + $100 (credit cards) + $2,000 (estimated PITI) = $2,600. Next, we divide her total debt by her gross monthly income: $2,600 / $6,000 = 0.4333.
- 3 Jane's Debt-to-Income Ratio is approximately 43.33%.
- 4 For 2026, a conventional mortgage typically requires a DTI of 43% or less, though some programs may go up to 50% for highly qualified borrowers. FHA loans are generally more flexible, often allowing DTIs up to 50-57% in certain circumstances. In Jane's case, her DTI of 43.33% would likely fall within the acceptable range for an FHA loan and might just meet the higher end of conventional loan guidelines, depending on other qualifying factors.
Source: CFPB — Consumer Tools · Last updated: April 2026
Frequently Asked Questions
What is a good debt-to-income ratio?
How do I calculate my debt-to-income ratio?
Does rent count in debt-to-income ratio?
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