Estimates a 30-year fixed payment. Adjust rate to match current market rates.
Know your DTI — now see what you actually qualify for.
Complete your Uniform Residential Loan Application (Form 1003) once. Print it and bring it to any lender to compare offers. Takes 10 minutes.
Complete My Full Application →📋 Fill once · Bring to any lender · No account required
What Is Debt-to-Income Ratio?
Your debt-to-income (DTI) ratio is the percentage of your gross monthly income that goes toward monthly debt payments. Lenders use it to assess your ability to manage loan repayments.
Front-end DTI (housing ratio): Only your proposed housing payment ÷ gross income. Most lenders want this below 28%.
Back-end DTI (total debt ratio): All monthly debt payments (housing + car + student loans + credit cards + other) ÷ gross income. Most conventional loans require this below 43%.
Why It Matters for Renovation Projects
Planning a kitchen remodel, bathroom renovation, deck, or home addition? If you're financing the project — through a home equity loan, cash-out refinance, or construction loan — lenders will calculate your DTI before approving. Knowing your number in advance helps you:
- Shop for financing with confidence
- Know your maximum loan amount
- Avoid surprises during underwriting
- Compare offers from multiple lenders
Once you know your DTI, complete your Uniform Residential Loan Application — one form works at every lender in the US.