Contractor Debt-to-Income Calculator — Delivery & Logistics

If your DTI comes in at 43% or lower, you're in the range most lenders will seriously consider for working capital for delivery companies and commercial vehicle financing. Keep in mind: actual rate depends on your credit profile and business history.

What changes your ratio

• Credit score. Subprime borrowers (below 620 FICO) often face higher rates and stricter DTI caps—some lenders may require 35% or lower. Fair credit (620–680) typically qualifies up to 43%.
• Business tenure. Lenders prefer 24+ months of operating history; newer contractors may see tighter DTI requirements or higher rates.
• Income stability. Gig platforms and delivery services show month-to-month variance. Lenders may average the last 3–6 months or discount income during slow seasons.
• Type of debt. Existing personal loans, credit cards, and vehicle payments all count. Secured debt (mortgage, active business lines) sometimes carries less weight than unsecured debt.
• Collateral. If you're financing a van or truck through a lender, that asset-backed deal may allow a higher DTI than an unsecured personal loan for delivery drivers.

How to use this

• Enter total monthly debt obligations: Include car/van payments, personal loans, credit cards (use minimum payments), and any active business lines of credit.
• Enter gross monthly income: Use your average take-home or net from delivery work over the last 3 months. Most lenders will ask for tax returns or platform statements to verify.
• Watch the ratio. At 43% or below, you're competitive for most truck loans for independent contractors and short-term working capital. Above 50%, lenders see risk; you may need to pay down existing debt first or look at bad credit delivery business loans.
• Use it to negotiate. Bring this calculation to a lender conversation to show you've done the math. If you're close to the limit, ask whether collateral or a co-signer could improve your offer.

Bottom line

DTI is a hard floor for most lenders, not a guarantee of approval. A clean ratio opens doors; now pair it with your credit report, business license, and 12 months of income records to move to a rate quote.