Your debt-to-income ratio is the percentage of your gross income used to cover your mortgage and other debt payments. This ratio and your credit score are two key factors used to determine if you qualify for a loan. The lower your ratio, the easier it is for you to pay your bills each month.
Debt-to-Income Calculator
Debt-to-Income Calculator
Monthly Income |
Monthly Debt |
Debt-to-Income Ratio |
|---|---|---|
| Monthly Income | Monthly Debt |
|---|---|
This calculator is intended for informational purposes only and is considered an estimate. The accuracy of this calculator is not guaranteed by General Electric Credit Union (GECU). The calculator and its results do not constitute the advice of, or reflect actual products, services, rates, and/or terms available. Nothing contained in the calculator shall constitute an offer or solicitation of a product or service by GECU. This calculator is not intended to offer any tax, legal, financial, or investment advice. Please consult with qualified advisors to discuss your specific needs.