What is my DTI ratio?

Your debt-to-income ratio (DTI) shows the percentage of your monthly gross income that goes toward debt repayment. Mortgage lenders use DTI to see how big a house payment you can afford.

Typically, lenders prefer a DTI ratio that’s no higher than 36% to 43%, depending on the mortgage program.

• Lenders use DTI and credit history to evaluate whether a borrower can repay a loan.

• Each lender sets its own DTI requirement.

• Personal loan providers generally allow higher DTIs than mortgage lenders.

CALCULATE YOUR DTI