Calculator
Does the rent cover the payment?
Debt service coverage is gross rent divided by principal, interest, taxes, insurance, and association dues. The reference bands shown are general market description, not underwriting rules. It runs entirely in your browser.
Rent and the payment it has to cover
This runs entirely in your browser. Nothing you type is sent anywhere, stored, or used to contact you.
Rent in place, or market rent supported by an appraiser's rent schedule.
An assumption you choose. No rate is being quoted or offered.
The association line of PITIA.
Enter 0 if none applies.
Debt service coverage ratio
1.17x
$3,200 of rent against $2,747 of PITIA
- Principal and interest
- $2,047
- Property tax
- $400
- Insurance
- $300
- Association dues
- $0
- Mortgage insurance
- $0
- Total PITIA
- $2,747
Rent covers the payment. Monthly difference: $453
Rent of $2,747 would put this ratio at exactly 1.00x. This ratio is arithmetic on the figures you entered. It is not an underwriting decision and it does not approve anything.
Calculation version mortgage-math@1.0.0
How the ratio is commonly described
These bands are general market reference only. They are not underwriting rules, not any lender’s guidelines, and not thresholds anyone is bound by. Every lender sets its own requirements, and they change.
1.25x and above
Rent covers the payment with a wide margin under these inputs.
1.20x to 1.24x
Rent covers the payment with a margin under these inputs.
1.00x to 1.19xyour inputs land here
Rent covers the payment, with little room for vacancy or repairs.
Below 1.00x
Rent does not cover the payment under these inputs.