What is debt-to-income ratio?

DTI is your total monthly debt payments divided by your gross monthly income, expressed as a percentage. Most lenders prefer a DTI below 43%.

How does credit score affect the result?

A higher credit score typically allows a higher DTI ceiling and access to larger loan amounts. The tool adjusts thresholds based on the score range you select.

Are these results guaranteed?

No. This is an educational estimate only. Actual lender decisions depend on full credit reports, employment verification, and institution-specific policies.

What counts as monthly debt?

Include minimum payments on credit cards, car loans, student loans, other mortgages, and any installment plans. Exclude utilities, insurance, and groceries.

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Loan Eligibility Checker

Estimate loan eligibility based on income, debts, credit score, and loan type.

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About this tool

Find out how much you may qualify to borrow before you apply. Enter your gross annual income, existing monthly debt obligations, credit score range, and the type of loan you need (home, auto, or personal). The calculator applies standard debt-to-income (DTI) thresholds and credit-score adjustments used by most U.S. lenders to estimate your maximum loan amount and likelihood of approval. A what-if panel shows exactly how much debt you would need to eliminate to qualify for a larger loan.

How to use

1 Enter your gross annual income.
2 Add up all existing monthly debt minimum payments.
3 Choose your credit score range from the slider.
4 Select the loan type: home, auto, or personal.
5 Optionally enter a desired loan amount to see a specific approval likelihood.
6 Review your DTI, estimated maximum loan, and the what-if suggestions.

Frequently Asked Questions

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