Explanation and example
The result is a mathematical share of income used by debt payments. For a consistent comparison, use income and payments from the same period and in the same currency.
For example, if monthly income is 50,000 and recurring monthly debt payments are 15,000:
15000 / 50000 × 100% = 30%
Debt load is 30%, and 35,000 remains after debt payments.
More examples
50,000 income and 15,000 payments → 30%
40,000 income and 10,000 payments → 25%
30,000 income and 0 payments → 0%
10,000 income and 12,000 payments → 120%
What does this calculator show?
It shows recurring monthly debt payments as a percentage of monthly income.
Which payments should I enter?
Enter the recurring monthly payments for loans and other debt obligations you want to include in the calculation.
Which income figure should I use?
Use one consistent monthly income figure. A bank or other institution may use a different income methodology.
Can the result be above 100%?
Yes. Mathematically, that means the entered monthly debt payments are greater than the entered monthly income.
Does this calculator predict whether a lender will approve a loan?
No. It only shows a mathematical ratio. Banks and other institutions can apply their own income definitions, additional expenses and threshold rules.
