Debt-to-Income Ratio Calculator

You’re looking great! Your debt is manageable and you likely have money left over after paying your regular debt. Lenders are typically more inclined to let you borrow additional money since it seems you have enough room in your budget to pay additional expenses. Reach out to one of our experts today!

If you already own a home, you may also be eligible to receive lower interest rates and cut down on the length of your loan term! Click here to learn how you can save thousands of dollars in interest or if you're ready to start an emergency cash reserve.

You’re managing your debt, but you may want to consider lowering it. If you’re at the higher end of this range, lenders may ask for compensatory factors. This may include:

1. Positive credit history
2. A larger down payment
3. Documented cash reserves or non-taxable income

At US Mortgages, we have many programs for all types of borrowers. Find out more about the loan programs you can qualify for.

Half or more of your income is currently going towards paying off debt. While US Mortgages offers solutions for borrowers with higher debt on a case-by-case basis, you may want to consider taking some steps to lower your debt so your options aren’t limited.

1. Pay off some of your existing debt before taking on more. Start by paying down your credit card debt, either with the smallest balance or highest interest rate.
2. If your student loans are to blame, consider entering an income-based repayment plan.
3. Work on consolidating your debt.
4. Make extra payments towards your principal balance.