Calculate your debt-to-income ratio  

Please combine payments and income for all applicants/borrowers. Use only numbers in the fields.

Monthly - future- mortgage payments:

(estimated 1% of the home purchase price

example: $1,000 for a $100,000 home including

principal, interest, taxes and insurance)

Minimum monthly credit card payments:
Monthly car loan payments:

(only those continuing for more than 12 months)


Monthly loan and support obligations:

(personal & student loans, child support, alimony etc.)


A. MONTHLY DEBT PAYMENTS:
Annual gross salary or wages:
Annual bonuses and overtime:
Other annual income:

(social security, pension, retirement, dividents, 

interest, annuities and other sources)


Annual alimony and child support received:
B. TOTAL (before tax, divided by 12):
A ÷ B =

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If your debt-to-income ratio is 55% or more: The estimated house payment you entered is to high. Please reduce the price range for the purchase of your home and calculate a new payment. Enter this payment and redo the calculations.

 

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