Debt to Income Ratio Formula: Debt to Income = Debt / Income

Debt to Income Ratio Definition The Debt to Income Ratio Calculator is a very useful financial calculator that will allow you to input your monthly debt and your monthly income and provide you with a debt to income ratio. The debt to income ratio is commonly used by lenders (especially mortgage lenders) when they underwrite loans and attempt to determine how risky a borrower is to lend money to. Learning how to calculate the debt to income ratio is a smart move when attempting to get a home loan or a home equity line of credit. Be sure and use this online debt to income calculator in conjunction with our monthly payment calculator, mortgage payment calculator, and our home equity loan calculator. To calculate your debt to income ratio then just enter your monthly debt and your monthly income in now!

How to Calculate Debt to Income Ratio Let's be honest - sometimes the best debt to income ratio calculator is the one that is easy to use and doesn't require us to even know what the debt to income ratio formula is in the first place! But if you want to know the exact formula for calculating debt to income ratio then please check out the "Formula" box above.