Debt Ratio Calculations     Firsthomebuyers.net Home Page
 
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IMPORTANT: Must press TAB key (Not Enter Key) or click update button to run calculations.  
Read and Print Instructions First!     
 
Income  
Borrower Income  
Gross Base Monthly Income  
Gross Monthly Overtime, Bonus, Commissions  
Total Income for Borrower  
     
Co-Borrower Income    
Gross Base Monthly Income   Hourly Conversion Tool  
Gross Monthly Overtime, Bonus, Commissions   Hourly Rate    
Total Income for Co-Borrower   Hours Per Week    
Total Income for Both Borrowers   Gross Monthly Income  
         
Monthly Debts      
Borrower Monthly Debts  
Auto Loans  
Student Loans   Student Loan Payment Tool  
Credit Cards   Balance Deferred Student Loans   
Personal/Installment Loans   Estimated Payment    
Child Support/Alimony   
Total Debt for Borrower  
   
Co-Borrower Monthly Debts  
Auto Loans  
Student Loans  
Credit Cards  
Personal/Installment Loans  
Child Support/Alimony   
Total Debt for Co-Borrower  
   
Debt Ratios for both borrowers  
Mortgage Payment  
Mortgage Payment Ratio  
Total Debt Ratio including mortgage and debts  
   
Mortgage Payment Ratio using just borrower  
Total Debt Ratio using just borrower  
Mortgage Payment Ratio using just co-borrower  
Total Debt Ratio using just co-borrower  
     
Notes
   
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