Lenders use your DTI ratio to decide what loan size you qualify for. Enter your income, monthly debts, and proposed housing payment to see where you stand against the most common lender thresholds.
All numbers are estimates. Your real loan depends on credit, equity, property type, and current rates. Run the math, then request a free quote.
Before a lender looks at anything else, they check your debt-to-income ratio. It tells them, quickly, whether the loan you're asking for fits within your budget on paper.
There are two ratios. Front-end DTI is your housing payment divided by gross income. Back-end DTI is your housing payment plus all other monthly debts divided by gross income. Back-end is the one most lenders care about most.
Under 36% is comfortable; 36–43% is standard; 43–50% is still workable with the right program; over 50% usually requires alternative programs (like bank statement loans) or reducing other debts first.
Credit score tells the lender how reliably you've paid debts. DTI tells them whether you can afford the new payment on top of what you already have.
Auto loans, credit card minimums, student loans (even deferred ones), child support/alimony paid, and any other reported monthly obligations. Utilities, groceries, gas, and other living expenses don't count.
Significantly. Paying off a $500/month auto loan can increase your buying power by roughly $80,000–$100,000 depending on rates.
Options include: pay down debt, increase down payment to shrink the housing payment, find a co-borrower, or use a program with looser DTI rules (like bank statement loans). We can help you find the right path.
Yes, make sure your 'Proposed Housing Payment' field includes principal, interest, property tax, insurance, and HOA. That's the number lenders use.
Take your inputs and get a real, written rate quote, usually within 1-2 business days.