Debt to Income Ratio Calculator

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Debt to Income Ratio Calculator


Now that you have calculated your debt-to-income ratio, understanding what it means to you is the next step.

36% or less

This is an ideal debt load to carry for most people. Showing that you can control your spending in relation to your income is what lenders are looking for when evaluating if you are credit-worthy.

37% to 42%

Your debts still may seem manageable, but start paying them down before they begin to spiral out of control. At this level, credit cards still may be easy to obtain, but acquiring loans may be more difficult.

43% to 49%

Your debt ratio is high and financial difficulties may be looming unless you take immediate action.

50% or more

Seek professional help to make plans for drastically reducing your debt before it becomes a real problem.

Once you have determined your debt-to-income ratio, if the result is less than desirable, call us today at 800.405.6035 or complete our rate inquiry form to speak with one of our factoring specialists to learn how invoice factoring can positively impact your debt-to-income ratio.

Want to Turn Unpaid Invoices Into Cash?
Call to speak to a factoring specialist (800) 405-6035