# Debt To Income Calculator — Calculate your DTI Ratio

> Calculates debt-to-income ratio for loan eligibility assessment. (iPhone/iPad app by Rukshan Marapana.)

- Source: https://appshunter.io/ios/app/debt-to-income-calculator/id1440421121 (this page in markdown: same URL + `.md`)
- Developer: [Rukshan Marapana](https://appshunter.io/developer/546670930)
- Category: Finance, Business
- Price: $2.99
- Rating: 3.30/5 from 4 App Store ratings · 5 written reviews indexed
- Age rating: 4+
- Requires: iOS 11.0 · 11 MB
- Languages: American English
- Released: 2018-12-07
- Data updated: 2026-08-21
- Monetization: paid
- User reviews in markdown: https://appshunter.io/ios/app/debt-to-income-calculator/id1440421121/reviews.md

## What is Debt To Income Calculator?

This app was designed to aid you to determine how much debt you could afford compared to your existing income. This app will tell you the ratio between your current income and  debt.

What is a debt-to-income ratio?

Debt to income ratio (DTI) is the amount of your total monthly bills divided by how much money you make a month. It allows lenders to determine the likelihood that you would be able to repay a loan.

For instance, if you pay $2,000 a month for a mortgage, $300 a month for an auto loan and $700 a month for the rest of your bills, you have a total monthly debt of $3,000.

If your gross monthly income is $7,000, you divide that into the debt ($3,000 / 7,000) and your debt-to-income ratio is 42.8%.

Most lenders would like your debt-to-income ratio to be under 35%. However, you can receive a qualified mortgage with as high as a 43% debt-to-income ratio.

According to the Federal Reserve Board, the household debt service payments and financial obligations as a percentage of disposable personal income was 10.1% in the first quarter of 2017. That is down from the high of 18.1 in December of 2009.

The ratio is best figured on a monthly basis. For example, if your monthly take-home pay is $2,000 and you pay $400 per month in debt payment for loans and credit cards, your debt-to-income ratio is 20 percent ($400 divided by $2,000 = .20).

Put another way, the ratio is a percent of your income that is pre-promised to debt payments. If your ratio is 40%, that means you have pre-promised 40% of your future income to pay debts.

Why Debt-To-Income Ratio % Matters

While there is no law establishing a definitive debt-to-income ratio that requires lenders to make a loan, there are some accepted standards, especially as it regard federal home loans.

For example, if you qualify for a VA loan, the department of Veteran Affairs guidelines suggest a 41% debt-to-income ratio. FHA loans will allow for a ratio of 43%. It is possible to get a VA or FHA loan with a higher ratio, but only when there compensating factors.

The ratio needed for conventional loans varies, depending on the lending institution. Most banks rely on the 43% figure for debt-to-income, but it could be as high as 50%, depending on factors like income and credit card debt. Larger lenders, with large assets, are more likely to accept consumers with a high income-to-debt ratio, but only if they have a personal relationship with the customer or believe there is enough income to cover all debts.

Remember, evidence shows that the higher the ratio, the more likely the borrower is going to have problems paying.

## Key features

- Calculate debt-to-income ratio
- Understand loan repayment likelihood
- Provides clear examples
- Explains DTI ratio importance
- Monthly basis calculation

## Chart rankings

- #199 in Top Paid · Finance (US App Store)

## Recent user reviews (5 of 5)

All indexed reviews: https://appshunter.io/ios/app/debt-to-income-calculator/id1440421121/reviews.md

### 1/5 — Doesn’t work

*2025-10-09*

Mortgage period won’t let you add without a decimal after the first number.

### 1/5 — Has a Bug

*2021-06-04*

It is off by 2 decimals.

**Developer response:** please give us more information. We can easily fix if there are any bugs.

### 5/5 — Works Great!

*2021-04-22*

Simple yet effective. I needed a quick and easy way to calculate my debt to income ratio for a mortgage refinance. This helped me see what I needed to see.

### 2/5 — Need more edit capability

*2020-05-20*

This app is too basic. There are other financial factors that need to be included. There should be an edit button to add a debt or income. Field should to be freestyle to write in what you want it titled. Wasted $3.99 unless it’s getting updated to allow editing of fields. Will wait to see an update happens, but if not changed, will delete as it’s useless as it is.

**Developer response:** We will consider the advanced options you mentioned and implement it in an upcoming update.

### 5/5 — Exactly what I needed for work

*2019-04-20*

Perfect exactly what I needed for work

**Developer response:** Thank you very much for the review!

## Frequently asked questions about Debt To Income Calculator

### What is the Debt To Income Calculator?

The Debt To Income Calculator is a paid application designed to help users determine their debt-to-income (DTI) ratio. This ratio is crucial for lenders to assess your ability to repay a loan.

### How does Debt To Income Calculator work?

The app calculates your DTI ratio by dividing your total monthly debt payments by your gross monthly income. It provides clear examples to illustrate the calculation process and its significance.

### Why is the debt-to-income ratio important?

Your debt-to-income ratio is important because lenders use it to gauge the risk associated with lending you money. A lower DTI generally indicates a better ability to manage debt and repay loans.

### What is the price of Debt To Income Calculator?

Debt To Income Calculator is a paid app priced at $2.99. This one-time purchase grants you access to its features for calculating your DTI ratio.

### What devices support Debt To Income Calculator?

Debt To Income Calculator is available for iPhone, iPad, and iPod. It is designed to run on iOS devices.

### How often is Debt To Income Calculator updated?

The latest version of Debt To Income Calculator is 1.2, last updated on September 3, 2023. Updates typically include improvements and bug fixes to enhance user experience.

### What is the age rating for Debt To Income Calculator?

Debt To Income Calculator has an age rating of 4+. This indicates it is suitable for users of all ages, with no content restrictions.

### Does Debt To Income Calculator have ads?

No, Debt To Income Calculator does not contain advertisements. As a paid application, it offers an ad-free experience for users.

## Version history (last 5 releases)

### 1.2 — 2023-09-03

latest iOS support

### 1.1 — 2020-07-14

- UI Improvements
- Enhancements

### 1.0.2 — 2020-05-23

- Minor enhancements

### 1.0.1 — 2020-05-20

Debt to Income Calculator updated in 2020 with iOS 13 support.

### 1.0 — 2018-12-05

No release notes.

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All apps by Rukshan Marapana: https://appshunter.io/developer/546670930

## Related topics

[debt to income calculator](https://appshunter.io/ios/topics/debt-to-income-calculator) · [debt 2 income calculator](https://appshunter.io/ios/topics/debt-2-income-calculator)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-21.*