Sentences with phrase «annual debt numbers»

A more probable plotline involves a scenario in which the annual debt numbers become so bad, and draw so much attention, that our looming fiscal cliff once again becomes a major political issue.

Not exact matches

Interest coverage is the equivalent of a person taking the combined interest expense from his or her mortgage, credit card debt, automobile loans, student loans, and other obligations, then calculating the number of times it can be paid with their annual pre-tax income.

illustrates that paying down $ 4,000 in credit card debt can impact potential retirement savings by an estimated $ 75,000 — and that number can be even bigger depending on interest rates, payment amounts, and annual salary.

The calculator computes a single flat percentage of income as the monthly payment for both saving and borrowing based on the anticipated college costs, the number of years of savings before matriculation, the number of years in repayment on the loans, the interest rate on savings, the interest rate on debt, current adjusted gross income (AGI) and annual salary growth rate.

According to the most recent numbers, household debt to disposable annual income is above 150 percent... and rising.

For a single debt, this amount equals the number of days in the period that unpaid interest has accrued divided by 365, times the annual interest rate, times the outstanding loan amount.

Your TDS number is the percentage of your gross annual income that is required to cover payments associated with your new home, plus costs linked with your other debts.

The interest rate for a particular type of debt is generally given in terms of annual numbers.

Add your annual salary (times the number of years that you want to replace income) + your mortgage balance + your other debts + future needs such as college and funeral costs.

There is no perfect number for how much coverage you should get, but most insurance professionals suggest that you get around seven to ten times your annual income, which will give your loved ones the resources that they need to get through the difficult time without having the added pressure of debts and bills.

DCR is a ratio that expresses the number of times annual net operating income exceeds debt service (i.e., total loan payment, including both principal and interest).