Enter the total number of defaults and the number of non-defaults into the Calculator. The calculator will evaluate the Default Rate.

## Default Rate Formula

DFR = DF / NDF * 100

Variables:

- DFR is the Default Rate (%)
- DF is the total number of defaults
- NDF is the number of non-defaults

To calculate the Default Rate, divide the number of defaults by the number of non-defaults, then multiply by 100.

## How to Calculate Default Rate?

The following steps outline how to calculate the Default Rate.

- First, determine the total number of defaults.
- Next, determine the number of non-defaults.
- Next, gather the formula from above = DFR = DF / NDF * 100.
- Finally, calculate the Default Rate.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

total number of defaults = 94

number of non-defaults = 500