Debt-to-Income Calculator
Enter your estimates for home price, down payment, income, and expenses to understand your DTI ratio.
Front-End Ratio (Housing Only)10.3%
GoodConv: 28% FHA: 31%
Back-End Ratio (All Debts)10.3%
GoodConv: 36% FHA: 43%
Monthly Income
$15,000
Housing Payment
$1,551.23
Total Debts
$1,551.23
Monthly Expense Breakdown
Remaining Income
$13,449
89.7%
Housing
$1,551
10.3%
Desired Home Purchase
$
%
Closing Costs$10,500
Down Payment Minimums
Investment / No PMI (20%)$42,000
FHA Loan (3.5%)$7,350
Conventional (5%)$10,500
Conventional (3%)$6,300
Mortgage Calculator
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Loan-to-Value Ratio95.0%
Mortgage Amount$199,500
%
Monthly P&I$1,327.28
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Mortgage Insurance (PMI)$83.13
Total Monthly Payment$1,551.23
Monthly Debts & Expenses
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Total Monthly Debts$0
Monthly Gross Income
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Total Monthly Income$15,000
Disclaimer: This calculator provides estimates only. A licensed lender will evaluate your actual mortgage eligibility based on their policies and current rates.