Debt to income ratio calculator

The following debt to income ratio calculator will greatly assist you in determining if you are qualified to get a mortgage or not.

The calculator will find two types of debt to income ratio. The first one is the front end ratio and the second one is the back end ratio

The front end ratio is your monthly housing payment divided by monthly gross income

Monthly housing payment in this case is either your rent or your monthly mortgage if you own a house

Your monthly mortgage is also called P.I.T.I.

P.I.T.I. stands for principal, interest, taxes and insurance.

The back end ratio is your monthly housing payment + all other recurring payments such as credit card payments, auto loans, student loans, and other payments you make monthly divided by your monthly gross income

As a rule of thumb and depend on your lender, the front end ratio should not exceed 28% while the back end ratio should not exceed 36%

Guidelines to use the debt to income ratio calculator

When entering numbers, do not use a slash: "/" or "\"

After you have entered all values, hit calculate and both ratios will be displayed in the big box below:

                                       Monthly gross income:

                                   rent or mortgage(P.I.T.I.):

                                                            Auto loan:

                                                      Student loan:

                                                Credit card bills:

                                                   Personal loans:

                                       401 k / retirement loan

                                     Child support / alimony:

                               Other recurring payments:

Need a Quick Answer to your Basic Mathematics Problems?
Get an answer in 10 minutes or less from a math expert!

Justanswer features top-notch math experts handpicked by personnel after they have taken and passed a rigourous math test and after their credentials have been verified by a third party

Most math experts have bachelor's or master's degree in math or a related field

I am also an expert for justanswer. If you want me to answer your questions, sign in, browse the list of math experts, select my name or ask for me (Jetser Carasco) before sending your question(s)

Justanswer is 100% RISK FREE.You Pay Only for the Answers You Like. Fees are Typically $9-$15

Feedjit Live Blog Stats

Introduction

Are you a fan of this site? Support us Our awards! Our partners About me Math jobs / Others Disclaimer what is basic math?

Arithmetic

Kid's arena:fun math Ancient numeration Number theory Set notation Whole numbers Rounding and estimating Fractions Decimals Ratio and proportion Percentage Multiplication table Basic math word problems Basic math calculator Basic math games Basic math puzzles Order of operations Metric system Number properties Cool math tricks

Geometry

Basic geometry Perimeter Areas of shapes Geometry formulas The circle Geometry calculator Volume of solids Surface area of solids Pythagorean theorem Straightedge and compass construction Congruent shapes Geometry proofs

Graph it!

Types of graphs Graphing Slope

Probability and statistics

Probability Statistics

Real life math

Consumer math

Sequences and patterns

Sequences

Algebra

Exponent Rational numbers Introduction to algebra Absolute value System of linear equations Polynomials Factoring: hot topics Solving quadratic equations Algebra proofs Algebra word problems

Resources

Free math problem solver Algebra problems solver Math tutoring service Ask a math question Careers in math Math notepad Cheap Tutoring: hot! Algebra ebook Fractions eBook Geometric formulas ebook Basic math glossary Other math websites Educational math software Take our survey Advertise on my site Try our free toolbar Build your website!