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