To calculate your debt-to-income ratio, add up your monthly debt payments and divide this figure by your gross monthly income. While every lender and product will have different ranges, a DTI of ...

Many Americans struggle with credit card debt. Nearly half of American cardholders (48 percent) carry a balance from month to month, according to the latest Bankrate Credit Card Debt Survey.And ...

Yahoo Finance Yahoo Finance . Search query. Select edition. US English; ... If your income is $5,000 per month, and your debt and housing payments total $2,500 per month, divide $2,500 by $5,000.

Then, total the balances to determine how big of a loan you’ll need to consolidate your debt. After that, add up all of your minimum payment amounts to see how big a monthly payment on a debt ...

Finally, you’ll take your total monthly debt and divide it by your total monthly income. To see this number as a percentage, multiply it by 100. Monthly debt payments: $2,400 ...