Debt-to-Income Calculator

Monthly Income

Gross Monthly Income ($)

Other Monthly Income ($)

Housing Expenses (Monthly)

Mortgage / Rent ($)

Property Tax ($)

Home Insurance ($)

HOA Fees ($)

Monthly Debt Payments

Car Payment ($)

Student Loans ($)

Credit Card Min. Payments ($)

Personal Loans ($)

Other Debts ($)

Front-End DTI (Housing Only)

32.1%

Good

$2,245 / $7,000

Back-End DTI (All Debts)

43.5%

High

$3,045 / $7,000

Monthly Debt Breakdown

Mortgage / Rent: $1,800

Property Tax: $250

Home Insurance: $120

HOA Fees: $75

Car Payment: $350

Student Loans: $300

Credit Cards: $150

Monthly Income Allocation

Total Monthly Income$7,000

Housing Expenses-$2,245

Non-Housing Debts-$800

Remaining Income$3,955

Loan Program Qualification

Conventional

NOT QUALIFIED

Standard conforming loan with strict DTI limits

Front-End DTI32.1% / 28% max

Back-End DTI43.5% / 36% max

FHA

NOT QUALIFIED

Federal Housing Administration loan with more flexible DTI

Front-End DTI32.1% / 31% max

Back-End DTI43.5% / 43% max

VA

NOT QUALIFIED

Veterans Affairs loan with generous DTI guidelines

Front-End DTI32.1% / 41% max

Back-End DTI43.5% / 41% max

Jumbo

NOT QUALIFIED

Non-conforming loan for higher amounts, strict DTI

Front-End DTI32.1% / 28% max

Back-End DTI43.5% / 36% max

DTI Rating Scale

Excellent

0%–20%

Good

20%–36%

Acceptable

36%–43%

High

43%–50%

Very High

50%–50%+

Tips to Improve Your DTI

•Your back-end DTI is 43.5%. Focus on paying down the highest-payment debts first to reduce your ratio below 36%.
•Paying off credit card balances (currently $150/mo) can quickly lower your DTI since minimum payments are included in the calculation.
•Your car payment of $350/mo is a significant DTI factor. Consider refinancing for a longer term to reduce the monthly obligation.
•Increasing your income (side job, raise, rental income) directly improves DTI without changing your debt obligations.
•Avoid taking on new debt before applying for a mortgage. Each new payment obligation increases your DTI ratio.
•Look into income-driven repayment plans for student loans to potentially lower your monthly payment from $300.

This calculator provides estimates for educational purposes only. Actual loan qualification depends on many factors beyond DTI ratios. Consult a mortgage professional for personalized advice.