Debt-to-Income (DTI) Calculator

Calculators are provided for information purposes only and cannot be relied upon as accurate or complete. All lenders have their own internal policies that apply to specific types of lending, and your borrowing capacity and serviceability is determined by each lender. A higher rate will usually be applied to products that support higher-risk borrrowers.

Debt to Income (DTI) Ratio:

Current Monthly Income Before Tax

This is the your pre-text combined income. Consider all income types, such as PAYG, self-employed, and other income.

Current Monthly Debt

This is the aggregated sum of all debt, and will include existing mortgages, credit cards, personal loans, portfolio loans, text debt, afterpay and similar, leases and higher purcahses, HECS and HELP debt, trade support loans, trust liabilities, and other outgoing obligations.

What is the DTI?

A debt-to-income ratio (DTI) is a personal finance measure that compares your debt against your aggregated income. Lenders will usually use a DTI as a means to measure their risk. Those with a lower DTI, or a lower ratio of debt measured against monthly income, are generally considered lower risk. With governance provided by APRA, they defined the DTI as 'The ratio of the credit limit of all debts held by the borrower, to the borrowers' gross income'. This debt includes buy-now-pay-later digital services, other mortgage lending, personal loans, credit-cards, consumer finance, margin lending, Higher Education Loan Program (HELP) or Higher Education Contribution Scheme (HECS) debt, and any other debts held by the borrower (source: Reporting Standard ARS 223.0 , APRA). All lender provide their own DTI criteria.

Owner Occupied Variable

Interest*

5.39%

Comparison*

6.59%

5.39%

6.67%

5.49%

5.98%

5.49%

5.98%

Owner Occupied Fixed

Interest*

5.39%

Comparison*

6.59%

5.39%

6.67%

5.49%

5.98%

5.49%

5.98%

Investment Interest Only

Interest*

5.69%

Comparison*

6.48%

5.69%

7.11%

5.69%

7.74%

5.69%

7.95%

Investment Loans

Interest*

5.39%

Comparison*

6.59%

5.49%

5.98%

5.59%

7.71%

5.59%

7.93%