you'd have to get
your annual debt service payment to $ 4,200.
If you had a 75 % LTV meaning you borrowed $ 112,500 from the bank at 4.5 % over 20 years,
your annual debt service payment would be: $ 10,327 / year, meaning your current cashflow wouldn't cover the bank payments.
Not exact matches
Those
payments cover both the loan
payment to the state and 90 percent of the
annual debt service on bonds the city issued to build the arena, city Finance Director Todd Hurley said.
Examples of these risks, uncertainties and other factors include, but are not limited to the impact of: adverse general economic and related factors, such as fluctuating or increasing levels of unemployment, underemployment and the volatility of fuel prices, declines in the securities and real estate markets, and perceptions of these conditions that decrease the level of disposable income of consumers or consumer confidence; adverse events impacting the security of travel, such as terrorist acts, armed conflict and threats thereof, acts of piracy, and other international events; the risks and increased costs associated with operating internationally; our expansion into and investments in new markets; breaches in data security or other disturbances to our information technology and other networks; the spread of epidemics and viral outbreaks; adverse incidents involving cruise ships; changes in fuel prices and / or other cruise operating costs; any impairment of our tradenames or goodwill; our hedging strategies; our inability to obtain adequate insurance coverage; our substantial indebtedness, including the ability to raise additional capital to fund our operations, and to generate the necessary amount of cash to
service our existing
debt; restrictions in the agreements governing our indebtedness that limit our flexibility in operating our business; the significant portion of our assets pledged as collateral under our existing
debt agreements and the ability of our creditors to accelerate the repayment of our indebtedness; volatility and disruptions in the global credit and financial markets, which may adversely affect our ability to borrow and could increase our counterparty credit risks, including those under our credit facilities, derivatives, contingent obligations, insurance contracts and new ship progress
payment guarantees; fluctuations in foreign currency exchange rates; overcapacity in key markets or globally; our inability to recruit or retain qualified personnel or the loss of key personnel; future changes relating to how external distribution channels sell and market our cruises; our reliance on third parties to provide hotel management
services to certain ships and certain other
services; delays in our shipbuilding program and ship repairs, maintenance and refurbishments; future increases in the price of, or major changes or reduction in, commercial airline
services; seasonal variations in passenger fare rates and occupancy levels at different times of the year; our ability to keep pace with developments in technology; amendments to our collective bargaining agreements for crew members and other employee relation issues; the continued availability of attractive port destinations; pending or threatened litigation, investigations and enforcement actions; changes involving the tax and environmental regulatory regimes in which we operate; and other factors set forth under «Risk Factors» in our most recently filed
Annual Report on Form 10 - K and subsequent filings by the Company with the Securities and Exchange Commission.
OMH will also provide
debt service payments on a portion of the permanent loan and will provide $ 857,800 in
annual funding for on - site social
services for the Supportive Housing tenants.
At the same time, the budget calls for new
debt issuances, outstanding
debt and
annual service payments over the next five years.
Even if spread over a 30 - year term, the
annual payments on those new bonds would be roughly half a billion dollars — corresponding to nearly a 10 percent increase over current
debt service.
The law allows districts to deduct existing
debt -
service payments from the funds they must share, but many Florida districts net millions of dollars in
annual capital revenue even after making
debt payments — money they will now have to distribute proportionally based on enrollments.
This divides the net operating income — all revenue minus all reasonably necessary operating expenses — by
annual debt service — i.e.,
payments of principal and interest for the year.
Debt consolidation, either on your own or through a nonprofit
service, will normally entail renegotiating loan terms which can include waiving fees and penalties, lowering
annual percentage rates and smaller monthly
payments.
The gross
debt service ratio (GDSR) is the percentage of the total of
annual mortgage Ratio (GDSR)
payment (principal, interest, taxes, heat and half of condominium common element costs, if applicable, plus secondary financing
payment and ground rent if applicable) relative to
annual household income.
the disclosure of certain enumerated events affecting a municipal security; these events include the following, if material: (1) principal and interest
payment delinquencies; (2) non-
payment related defaults; (3) unscheduled draws on
debt service reserves; (4) unscheduled draws on credit enhancements; (5) substitution of credit or liquidity providers; (6) adverse tax events affecting the tax - exempt status of the security; (7) modifications to rights of securities holders; (8) bond calls; (9) defeasances; (10) release, substitution, or sale of property securing repayment; (11) rating changes; (12) failure to provide
annual financial information as required; the MSRB, Electronic Municipal Market Access (a.k.a. EMMA) provides free access to municipal disclosures, market data and education
If the business wanted to take out an additional loan with total
annual payments of $ 30,000, then its total
debt service would increase to $ 100,000 ($ 30,000 + $ 70,000) and its
debt service coverage ratio would decrease to 1.00 ($ 100,000 ÷ $ 100,000).
The commenter explained that an increase in the interest rate would yield a lower maximum allowable total
annual debt service amount as a percentage of
annual earnings, since the monthly
payment will be higher.
And I think a better way to restate the COC equation so that people don't forget to include the mortgage
payment is to say «
Annual Cash Flow / Cash Invested,» Where Cash Flow = NOI —
Debt Service.
The
debt service coverage ratio (DSCR) is the relationship of a property's
annual net operating income (NOI) to its
annual mortgage
debt service (principal and interest
payments).
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).
If the property has more than one mortgages then the
debt service used to calculate this ratio will be the sum of the
annual payments due for all loans.