Debt Ratio Calculator

This Debt Ratio calculator compares all your debt to all your income and gives a percentage % output. Experts in the finance industry suggest that your outstanding debts (that includes credit card & mortgage debt) should NOT exceed 36% of your Gross monthly income. This 36% is also referred to as the Debt-to-Income ratio.

After-Tax Monthly Income
Spouse's After-Tax Monthly Income
Other Monthly Income
Monthly Rent/Mortgage Payment
Monthly 2nd Mortgage Payment:
Total of all monthly car/vehicle payments:
Total of all monthly credit union Loan payments:
All other monthly consumer loan payments
Total monthly minimum charge card payments (Visa, MasterCard, Dept. Store card)
Other Monthly Payments:
Pending Monthly Loan Payments:
Your Total Income:
Your Total Monthly Payments:
Your Debt Ratio:

The formula for calculating the Debt to Income Ratio is:

Debt to Income Ratio =

Amount of Money Paid to Debts Outstanding / Total Income Earned

For example, if you spend $1500 a month to pay off your car loans, mortgage payments & credit card debt while your monthly income is $3000, then your debt to income ratio is:

Debt to Income Ratio = 1500 / 3000
Debt to Income Ratio = 50%