Debt ratio tool

Calculating your debt-to-income ratio can help you determine if you are at ease with your current debt.


Calculation of the debt ratio

In addition to your credit score, your debt-to-income ratio is an important element of your overall financial health. Calculating your debt-to-income ratio can help you determine if you are comfortable with your current debt level.

Use our debt-to-income ratio calculator to compare your monthly income to your monthly payments. When your debt-to-income ratio is low, you can easily pay your bills and reach your financial goals. But when your debt-to-income ratio is too high, you are spending more than you can afford.

A low debt-to-income ratio indicates that you have a good balance between debt and income. As you might guess, lenders like this number to be low – you generally want to keep it below 35%, but the lower it is, the more likely you are to get the loan or credit you are looking for. Note that a high debt-to-income ratio has a negative impact on your credit score, has a negative impact on your credit score, even if minimum payments on accounts are made each month.

If you have a debt ratio above 35%, do not delay! There are quick and easy solutions to improve your debt ratio. Make an appointment today with one of our advisors.

  • 30% or less: excellent
  • Between 30% and 35%: good/fair
  • 35% or more: actions need to be taken
Important: We do not retain any data that could identify you. You can fill out the form with complete security. All data entered to determine your debt ratio is automatically counted. The result will only be known to you and will remain your exclusive and confidential property.

The calculation of the debt ratio is a quick evaluation of your situation and does not take into account many complexities and your particular situation. An insolvency advisor’s evaluation is recommended to obtain a more accurate picture of your situation.

Scroll to Top