• Antonio Buchanan

Debt to Income Ratio?


The debt to income ratio compares your debt payments to your overall income.



Example: List your minimum monthly debts such as child support, alimony, revolving bills, student loans, etc. DO NOT include utilities, cell phone bill, food, etc.) 


List of Debt

Rent $1,000

Credit Cards $150 

Car Payment $500 

Total Debt = $1,650 per month 


Gross Income

$100,000 (yearly) 

$8,333 (monthly) 


Your total debt divided by your monthly income = DTI

$1,650/$8,333 = 19.8 or 20% DTI. 

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