How to Calculate Your Debt-to-Income Ratio (DTI)

Calculate DTI by dividing monthly debt payments by gross monthly income. See the front-end and back-end math with a worked example and lender thresholds.

Updated 3 min read By CodingEagles
Free tool Debt-to-Income Ratio Calculator Front-end and back-end DTI ratios with thresholds. Open tool

Your debt-to-income ratio is your monthly debt payments divided by your gross monthly income, written as a percentage.

TL;DR: Back-end DTI is (housing + all other debt payments) ÷ gross monthly income. The debt-to-income calculator runs both ratios for you.

The two ratios

There are two versions, and lenders look at both.

Front-end DTI is housing only, divided by income. Housing means rent or your mortgage payment plus property tax and insurance if they are bundled in.

Back-end DTI adds everything else: car loans, student loans, credit card minimums, personal loans. That total is divided by the same gross income.

A worked example

Say you earn $6,000 a month before taxes. Your housing payment is $1,500, and your other monthly debt payments add up to $600.

Front-end: $1,500 ÷ $6,000 = 25 percent.

Back-end: ($1,500 + $600) ÷ $6,000 = $2,100 ÷ $6,000 = 35 percent.

So this borrower sits at 25 percent front-end and 35 percent back-end. Plug the same figures into the debt-to-income calculator and you get the same two numbers.

Use gross income, and what the thresholds mean

Always use gross income, the amount before taxes and deductions, not your take-home pay. Using net income makes your ratio look worse than the number a lender will calculate, so you would be comparing against the wrong yardstick.

For reference, a 28 percent front-end and 36 percent back-end is widely considered comfortable. FHA loans can stretch to about 31 percent front-end and 43 percent back-end. The 35 percent in the example above falls under both back-end limits, which is a reasonable position.

These ratios are informational. Lenders set their own cutoffs and weigh credit score, down payment, and reserves alongside DTI, so a number that looks fine here is not a guarantee of approval. This guide is not financial advice.

Frequently asked questions

What is a good debt-to-income ratio?
Many lenders treat 36 percent or lower as comfortable, with housing alone at 28 percent or under. FHA loans sometimes allow up to 31 percent front-end and 43 percent back-end. These are guidelines, and the lender makes the final call based on your full application.
Does rent count in DTI?
Yes. Rent is a housing payment, so it goes into both the front-end ratio and the back-end ratio. If you are applying for a mortgage, the lender uses your expected new housing payment in place of current rent.

Ready to try it?

Front-end and back-end DTI ratios with thresholds. Free, in-browser, and 100% private — your data never leaves your device.

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