Debt-to-Income Ratio Analyzer

Debt-to-Income (DTI) Ratio Analyzer

Step 1: Your Income & Monthly Housing Expenses

Income

Gross Monthly Income ($): Your total income before taxes and deductions.

Monthly Housing Expenses

Are you a Homeowner or Renter?

Mortgage Principal & Interest (P&I) ($):

Monthly Property Taxes ($): If not included in P&I (escrowed).

Monthly Homeowner's Insurance ($): If not included in P&I (escrowed).

Monthly HOA Dues ($) (if applicable):

Step 2: Your Other Monthly Debt Payments

List all other recurring monthly debt payments (e.g., minimum credit card payments, car loans, student loans, personal loans, alimony, child support).

Step 3: Debt-to-Income (DTI) Analysis

Step 4: Summary & Download Report

Complete the DTI calculation on Tab 3 to view the summary.

Understanding Your DTI:

Your Debt-to-Income (DTI) ratio is a key factor lenders use to assess your ability to manage monthly payments and repay debts. A lower DTI generally indicates a better balance between debt and income.

Front-End DTI specifically looks at your housing costs relative to your income. Back-End DTI includes all your monthly debt obligations.

Improving your DTI can involve increasing your income, reducing your debts, or both. This can positively impact your financial health and borrowing capacity.