| Minimum credit card payments | $85 | |
| Car loan payment | $420 | |
| Student loan payment | $280 | |
| Mortgage/rent | $1,200 | |
| Groceries / utilities | — | |
| Insurance / subscriptions | — |
✦ Personal Finance
How to calculate your debt-to-income ratio
Lenders calculate your DTI before approving any loan. Here is how to calculate it yourself in 3 steps — so there are no surprises when you apply.