AbraCalc

DTI Ratio: $3,000 Housing, $1,200 Debt, $12,000 Monthly Income

Calculate the back-end DTI ratio for $3,000 monthly housing, $1,200 other debt, and $12,000 gross monthly income — the DTI is 35%.

Embed this tool on your site

How to use this tool

  1. Enter your total monthly housing payment (mortgage/rent plus taxes and insurance).
  2. Add up your other monthly debt payments and enter the total.
  3. Enter your gross (pre-tax) monthly income.
  4. Read your back-end and front-end DTI percentages.
  5. Check the qualification status against the 36% / 43% thresholds.

See your debt-to-income ratio for a high-income household with $3,000 housing costs, $1,200 other monthly debts, and $12,000 gross income.

Frequently asked questions

What is a good debt-to-income ratio?
A back-end DTI of 36% or below is considered strong. Up to 43% generally meets the Qualified Mortgage standard. Above 43% is high and may limit your loan options or require compensating factors.
What debts are included in DTI?
Include all recurring debt: mortgage or rent, auto loans, student loans, personal loans, and credit-card minimum payments. Exclude utilities, groceries, insurance you don't escrow, and other discretionary spending.
Should I use gross or net income?
DTI uses gross (pre-tax) monthly income — the figure lenders underwrite to. Using net income would overstate your ratio relative to lender guidelines.