Enter the monthly debt payments ($) and the monthly gross income ($) into the Calculator. The calculator will evaluate the Serviceability Ratio.

## Serviceability Ratio Formula

SRV = MD / MI * 100

Variables:

- SRV is the Serviceability Ratio (%)
- MD is the monthly debt payments ($)
- MI is the monthly gross income ($)

To calculate Serviceability Ratio, divide the monthly debt payments by the monthly income, then multiply by 100.

## How to Calculate Serviceability Ratio?

The following steps outline how to calculate the Serviceability Ratio.

- First, determine the monthly debt payments ($).
- Next, determine the monthly gross income ($).
- Next, gather the formula from above = SRV = MD / MI * 100.
- Finally, calculate the Serviceability Ratio.
- 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.

monthly debt payments ($) = 3000

monthly gross income ($) = 5000