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    iaew69's Avatar
    iaew69 Posts: 1, Reputation: 1
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    #1

    Dec 30, 2008, 03:37 PM
    Computing Ratios
    How to compute debt to income ratio
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
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    #2

    Jan 2, 2009, 05:48 AM

    monthly debt obligations divided by Monthly income times 100

    So if you made 3000 a month and had 500 in credit card debt your computation would be like this:

    (500/3000)*100 = 16.66%
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