Debt to Income Ratio Calculator

We've created this worksheet to help you calculate your Debt to Income ratio. Debt to income ratios are the calculations underwriters use to determine whether a borrower can qualify for a mortgage.

• Simply list your monthly income and monthly outstanding debt payments in the appropriate spots.
• Be sure to include ALL income and ALL debt payments for an accurate result.
• The white figures in the green boxes are calculated for you.

Monthly Income (Take Home)
		YOU		SPOUSE
Salary / Wages/ Bonus:	$		$
Disability / Social Security:	$		$
Military Pay:	$		$
Pension / Retirement Income:	$		$
Bank and Investment Interest:	$		$
Alimony / Child Support:	$		$
Rental Income:	$		$
Unemployment:	$		$
Food Stamps:	$		$
Royalties:	$		$
Business Income (Draw):	$		$
Other Monthly Income:	$		$
Total Monthly Income:

Outstanding Debt Payments (Monthly)
House or Rent Payment:	$
Home Equity Loan/2nd Mortgage:	$
Property Taxes:	$
Credit Card Payments:	$
Student Loans:	$
Car Payments:	$
Recreational Vehicle / Boat Payments:	$
Bank/ Credit Union/Loan Payments:	$
Medical / Dental Bill Payments:	$
Computer / Electronic Bill Payments:	$
Furniture / Appliance Payments:	$
Other Loans :	$
Other Debt Payments:	$
Total Monthly Payments:

How do you measure up for creditors?

less than 10%	Great Shape
10-20%	Good Credit Risk
20-35%	Questionable Credit
35% or Higher	High Credit Risk