Debt-to-Income (DTI) Ratio
The Debt-to-Income (DTI) ratio measures an individual’s or business’s total monthly debt payments relative to their monthly income. It’s commonly used by lenders to assess creditworthiness.
Formula:
DTI = (Total Monthly Debt Payments / Gross Monthly Income) × 100
Interpretation:
Lower DTI: Indicates stronger repayment capacity.
Higher DTI: Reflects higher financial strain.
Example:
An entrepreneur in Abu Dhabi earning AED 40,000 monthly with AED 12,000 in monthly debt obligations has a DTI of 30% — typically acceptable for consumer credit approvals.