Monthly Debt-to-Income Ratio Calculator

Use the debt-to-income ratio calculator below as a barometer of your current financial situation. It's a quick way to learn if you earn enough each month to confidently cover the bills. Later, use the Build a Budget tool to see how you can maximize your current earnings. Instructions: enter the monthly payments for your debts below. Click "Calculate Total." Then enter your monthly take-home pay and click "Calculate Total."

Debt 1 $ Debt 2 $
Debt 3 $ Debt 4 $
Debt 5 $ Debt 6 $
Debt 7 $ Debt 8 $
Debt 9 $ Debt 10 $
Debt 11 $ Debt 12 $
Total Debt: $
Take-Home Pay $
Total Monthly Debt Payments (Excluding Mortgage) $
Debt-to-Income Ratio: %

If your Debt-to-Income Ratio is:

Under 15%-Relax. Continue repaying your debt and recalculate your debt-to-income ratio periodically.

15% - 20%-Caution. Get a free credit counseling session now before debt becomes a problem. We'll give you long-term solutions to budgeting and managing your finances.

Over 20%-Danger! Meet with a credit counselor soon. We'll help you work out a repayment plan that could save you hundreds of dollars every month and offer you peace of mind.

Woman reviewing her credit card debt
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Helpful Resources
  • MMI is a proud member of the National Foundation for Credit Counseling (NFCC) National Foundation for Credit Counseling
    MMI is a longstanding member of the National Foundation for Credit Counseling® (NFCC®), the nation’s largest nonprofit financial counseling organization. Founded in 1951, the NFCC’s mission is to promote financially responsible behavior and help member organizations like MMI deliver the highest-quality financial education and counseling services.
  • Council on Accreditation - official seal Council On Accreditation
    MMI is proudly accredited by the Council on Accreditation (COA), an international, independent, nonprofit, human service accrediting organization. COA’s thorough, peer-reviewed accreditation process is designed to ensure that organizations like MMI are providing the highest standard of service and support for clients and employees alike.
  • Financial Counseling Association of America Financial Counseling Association of America
    MMI is a proud member of the Financial Counseling Association of America (FCAA), a national association representing financial counseling companies that provide consumer credit counseling, housing counseling, student loan counseling, bankruptcy counseling, debt management, and various financial education services.
  • Department of Housing and Urban Development - Equal Housing Opportunity Department of Housing and Urban Development
    MMI is certified by the U.S. Department of Housing and Urban Development (HUD) to provide consumer housing counseling. The mission of HUD is to create strong, sustainable, inclusive communities and quality affordable homes for all. HUD provides support services directly and through approved, local agencies like MMI.