Debt to Income Ratio Calculator

Excellent! With such a low debt-to-income ratio, you’ve got plenty of room to manage your finances and still enjoy life comfortably.

Healthy. Try to avoid taking on more debt, it could make it harder to get approved for a mortgage or another loan. Still, your situation isn’t bad.

Troubling. You probably won’t get approved for new loans, so it’s a good idea to start working on a plan to pay down your debt.

Dangerous. This debt-to-income ratio shows you’re in some financial trouble. Focus as much as you can on paying down your loans.

Extremely Dangerous. More than half of your income goes toward debt and mortgage payments. If you don’t already have a strict payment plan, consider talking to a financial advisor for guidance.