Debt to Income Ratio Formula |
| \( D/I \;=\; \dfrac{ RMI }{ GMI } \) |
| Symbol |
| \( D/I \) = Dept to Income Ratio |
| \( RMI \) = Recurring Monthly Income |
| \( GMI \) = Gross Monthly Income |
Debt to income ratio, abbreviated as D/I, is a percentage that tells lenders how much money you spend on monthly debt payments versus how much money you have coming.
