Free Blank Debt-to-Income Ratio Sheet Template
Blank Debt-to-Income Ratio Sheet
Prepared by:
[YOUR NAME]
[YOUR COMPANY NAME]
Instructions
Fill in the following information to calculate your Debt-to-Income Ratio (DTI). Your DTI ratio is the percentage of your monthly gross income that goes toward paying debt.
1. Income Information
|
Description |
Amount ($) |
|---|---|
|
Monthly Gross Income |
|
|
(Include all sources of income) |
|
|
Other Monthly Income (if applicable) |
2. Debt Information
Monthly Debt Payments
|
Debt Type |
Monthly Payment ($) |
|---|---|
|
Mortgage/Rent |
|
|
Car Loan |
|
|
Credit Card Payments |
|
|
Student Loans |
|
|
Personal Loans |
|
|
Other Debts (specify) |
3. Debt-to-Income Ratio Calculation
|
Description |
Amount ($) |
|---|---|
|
Total Monthly Debt Payments |
|
|
(Sum of all debt payments) |
|
|
Total Monthly Income |
|
|
(Sum of all income sources) |
|
|
Debt-to-Income Ratio (%) |
4. DTI Calculation Formula
DTI Ratio = (Total Monthly Debt Payments / Total Monthly Gross Income) × 100
Result
-
A DTI ratio of 36% or less is generally considered good by lenders.
-
A DTI ratio above 36% may indicate financial strain, which could affect loan eligibility.
Note
If you need further assistance in interpreting or improving your DTI ratio, consider consulting with a financial advisor.
