Debt-To-Income Ratio Calculator
Debt-To-Income Ratio: a planned Super Calculator tool. Covers gross monthly income (currency). Stub page while the tool and its worked example are prepared.
Debt-To-Income Ratio Calculator is a planned calculator in the real estate section of Super Calculator, covering affordability and qualification.
What this calculator will compute
Inputs: gross monthly income (currency), housing payment (currency), auto payments (currency), student loan payments (currency), credit card minimums (currency) and other obligations (currency).
Outputs: front-end DTI (%), back-end DTI (%), maximum additional debt capacity (currency) and program eligibility flags.
Formula, recorded as scope and not yet verified against a primary source: Front-end DTI = proposed housing payment / gross monthly income. Back-end DTI = (housing payment + all monthly debt obligations reported on the credit file) / gross monthly income. Installment debts with fewer than a stated number of payments remaining may be excluded, and revolving debts count at the greater of the reported minimum or a percentage of the balance.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.