Calculate your debt to income ratio
This calculator will help you:
- Figure out how much debt you have compared to your income
- Better understand your financial situation
- Know whether you need to take action
What's your ratio?
Less than 35%: Awesome, this is a healthy debt load for most people.
36%-40%: Okay, but you're getting close to the edge... don't fall off by nipping away at your debt.
40%-49%: Not so good... you're headed for a disaster unless you do something to knock down your debt. Talk to your credit union to put a plan together.
50% or more: Do something NOW... talk to your credit union to help you aggressively reduce debt.