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Mortgage Merlin
30-YR CONV6.52%▲0.04
FHA6.25%▲0.04
BANK-STMT7.36%▲0.04
DSCR7.71%▲0.04
JUMBO6.53%▲0.04
15-YR5.84%▲0.05
ITIN8.01%▲0.04
30-YR CONV6.52%▲0.04
FHA6.25%▲0.04
BANK-STMT7.36%▲0.04
DSCR7.71%▲0.04
JUMBO6.53%▲0.04
15-YR5.84%▲0.05
ITIN8.01%▲0.04
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DTI calculator

Enter your income and debts to see your debt-to-income ratio and which loan programs you qualify for. Free, no email, no credit pull.

Self-employed note: Enter the income a lender will actually count — net income after write-offs for conventional, or deposit-based income for a bank-statement loan.
30.0%
Excellent
Front-end DTI (housing only): 25.0%Back-end DTI (total): 30.0%

Illustrative only. DTI thresholds vary by lender, loan type, and compensating factors. This is not a pre-approval or financial advice.

Loan eligibility at 30.0% back-end DTI

Approximate guidance — lender overlays and compensating factors apply.

Conventional
Max 45% back-end
FHA
Standard approval
VA loan
Within guideline
Bank statement / Non-QM
Max ~50% typical
USDA
Within guideline
Jumbo
Max 43% typical

What is DTI and why does it matter?

Debt-to-income ratio (DTI) is the percentage of your gross monthly income that goes toward debt payments. It’s one of the most important numbers a mortgage lender looks at — more predictive of repayment risk than credit score alone. A lower DTI signals you have room in your budget; a high DTI raises a flag that new debt could strain you.

Front-end vs. back-end DTI

Lenders calculate two figures. Front-end DTI (also called the housing ratio) measures only the proposed housing payment — principal, interest, taxes, and insurance (PITI) — as a share of income. Back-end DTI adds all recurring monthly debts: car loans, student loans, minimum credit-card payments, and the housing payment combined. Back-end DTI is the number lenders weight most heavily.

The 28/36 rule

Conventional wisdom (and many conventional loan guidelines) holds that front-end DTI should stay under 28% and back-end DTI under 36%. In practice, Fannie Mae and Freddie Mac programs routinely approve back-end DTIs up to 45% with strong credit, and government-backed loans (FHA, VA) go higher still with compensating factors. The 28/36 rule is a useful starting target, not an absolute ceiling.

How self-employed income changes the picture

For W-2 employees the income figure is straightforward. For self-employed borrowers, it depends on the loan type. On a conventional loan, lenders use the two-year average of net income from Schedule C or K-1 — after write-offs. On a self-employed mortgage (including bank-statement programs), the lender averages your deposits and applies an expense factor. The two numbers can be dramatically different. Enter the figure a lender will actually count — not gross revenue — to get an honest DTI estimate.

Example: A consultant earns $180k gross revenue but shows $60k net income after write-offs. On a conventional loan the lender uses $60k ($5k/month). On a bank-statement loan with $15k/month average deposits and a 50% expense factor, the lender uses $7,500/month — 50% higher. The right loan type can cut your effective DTI substantially.

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