This calculator is used to calculate the credit score. Lenders look at this ratio when they are trying to decide whether to lend you money or extend credit. A low Debt to income ratio shows you have a good balance between debt and income. Enter Recurring monthly debt and gross monthly income and get the result.
Calculator of Debt to Income Ratio
Formula of Debt to Income Ratio
Debt to income ratio= Recurring monthly debt / Gross monthly income
Calculation of credit score is made easier. Free online Debt to income ratio calculator.