Debt Load Evaluation Wizard

The Importance of Debt-to-Income Ratio

One of the primary indicators of your financial well-being is your debt-to-income ratio, that is your income compared to your expenses. It's so important that it is one of the primary factors lenders take into account when looking at your credit worthiness.

The following wizard will guide you to your debt-to-income ratio and let you know which direction you could go based on that outcome.

Income

Let's start by having you enter your gross monthly income. That's the money you make before anything like taxes, social security or anything else is taken out for one month.