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.

1. First, determine the monthly debt payments ($). 2. Next, determine the monthly gross income ($).
3. Next, gather the formula from above = SRV = MD / MI * 100.
4. Finally, calculate the Serviceability Ratio.
5. 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