CNBC Select explains how to calculate your debt-to-income ratio when applying for a mortgage. Plus: How lenders use your DTI and what's considered a good one.

One of the many variables lenders use when deciding whether or not to loan you money is your debt-to-income ratio or DTI. Your DTI reveals how much debt you owe compared to the income you earn.

Learn how to calculate your annual income, whether you're salaried, hourly, or self-employed. Discover tips for accurate calculations and understanding your financial picture.

Learn how to calculate income tax in retirement and optimize your tax liability. Understand retirement income sources, deductions, and tax brackets.

Find out how to calculate your monthly gross income. By Sam Swenson, CFA, CPA – Updated Jan 9, 2024 at 10:22AM ...

Calculate 50% of your Social Security benefit and add that amount to your previous total. Let's say your gross income is $20,000 and you earned $2,000 in municipal bond interest. Add those amounts ...

To manually calculate DTI, divide your total monthly debt payments by your monthly income before taxes and deductions are taken out. Multiply that number by 100 to get your DTI expressed as a ...

Calculating tax if your income is subject to backup withholdingIf your income from a W-9 arrangement is subject to backup withholding, the current flat rate set by the IRS is 28%.So, to calculate ...

Debt-to-income ratio explained, plus how to calculate yours Your debt-to-income ratio is an important factor lenders look at when approving you for new credit. Updated Thu, Jan 19 2023.

One of the many variables lenders use when deciding whether or not to loan you money is your debt-to-income ratio or DTI. Your DTI reveals how much debt you owe compared to the income you earn.