Enter the monthly rent ($) into the calculator to determine the Guarantor Annual Income Required. 

Guarantor Annual Income Required Formula

The following formula is used to calculate the Guarantor Annual Income Required. 

GAI = MR * 12 * 3

  • Where GAI is the Guarantor Annual Income Required ($/year)
  • MR is the monthly rent ($) 

How to Calculate Guarantor Annual Income Required?

The following example problems outline how to calculate Guarantor Annual Income Required.

Example Problem #1:

  1. First, determine the monthly rent ($). In this example, the monthly rent ($) is given as 1300.
  2. Finally, calculate the Guarantor Annual Income Required using the equation above: 

GAI = MR * 12 * 3

The values given above are inserted into the equation below:

GAI = 1300 * 12 * 3 = 46,800 ($/year)


Example Problem #2: 

The variables needed for this problem are provided below:

monthly rent ($) = 1800

Entering these values and solving gives:

GAI = 1800 * 12 * 3 = 64,800 ($/year)