Finance
Debt-to-Income Ratio
Monthly debt as a percent of income.
Formula
Formula
DTI = debtincome · 100
Variables
| Symbol | Definition | Type & range | Units | Role |
|---|---|---|---|---|
| debt | monthly debt payments | computed result | — | result |
| income | gross monthly income | computed result | — | result |
Try it yourself
Interactive calculator
Worked examples
Example 1
Givenmonthly debt = 1500, monthly income = 5000
Result30
Example 2
Givenmonthly debt = 800, monthly income = 4000
Result20