Sentences with phrase «by gross income equals»

Debt ratio: All monthly payments including the loan being considered, divided by gross income equals the debt ratio;

Not exact matches

Your debt - to - income ratio equals your total monthly debts divided by your gross monthly income.

The income approach to measuring gross domestic product (GDP) is based on the accounting reality that all expenditures in an economy should equal the total income generated by the production of all economic goods and services.

In other words, your gross monthly income multiplied by 0.31 equals the monthly mortgage payment you can afford, according to FHA guidelines.

All Actual Costs plus Time Costs plus Overhead Costs divided by Gross Income Per Book equals NUMBER OF SOLD BOOKS NEEDED TO BREAK EVEN.

Your proposed housing expense, including mortgage principal and interest, hazard insurance, property taxes, mortgage insurance (when required), and HOA dues (if applicable), divided by your gross (before tax) income equals your front - or top - end ratio.

You can't get new credit To decide if they'll extend you credit, a company will usually look at your credit report to calculate your debt - to - income ratio (This equals all your monthly debt payments divided by your gross monthly income).

Total debt divided by gross monthly income must also be equal to or less than 41 %.

The additional 10 % tax generally does not apply to payments that are: • Paid after you separate from service during or after the year you reach age 55; • Annuity payments; • Automatic enrollment refunds; • Made as a result of total and permanent disability; * • Made because of death; • Made from a beneficiary participant account; • Made in a year you have deductible medical expenses that exceed 7.5 % of your adjusted gross income; * • Ordered by a domestic relations court; or • Paid as substantially equal payments over your life expectancy.For more info see: https://www.tsp.gov/PDF/formspubs/tsp-780.pdf Enjoy your retirement!

Using this formula, the necessary monthly gross income should at least be equal to the monthly payment multiplied by four.

Your debt - to - income ratio equals your total monthly debts divided by your gross monthly income.

The debt to income ratio (DTI) equals a borrower's total monthly debt divided by the monthly gross income.

After applying the $ 100 reductions, your total casualty loss for the year is reduced again by an amount that equals 10 percent of your adjusted gross income.

The government generally uses the following process to determine your payment, ``... once the rehabilitation discussion has begun, initially considers a borrower's reasonable and affordable loan rehabilitation payment amount to equal 15 percent of the amount by which the borrower's Adjusted Gross Income (AGI) exceeds 150 percent of the poverty guideline amount applicable to the borrower's family size and State, divided by 12.

In general, subject to the discussion below under the headings «Information Reporting and Backup Withholding» and «Foreign Accounts,» distributions, if any, paid on our common stock to a Non-U.S. Holder (to the extent paid out of our current or accumulated earnings and profits, as determined under U.S. federal income tax principles) will constitute dividends and be subject to U.S. withholding tax at a rate equal to 30 % of the gross amount of the dividend, or a lower rate prescribed by an applicable income tax treaty, unless the dividends are effectively connected with a trade or business carried on by the Non-U.S. Holder within the United States.

(1) A financial affidavit in substantial conformity with Florida Family Law Rules of Procedure Form 12.902 (b) if the party's gross annual income is less than $ 50,000, or Florida Family Law Rules of Procedure Form 12.902 (c) if the party's gross annual income is equal to or more than $ 50,000, which requirement can not be waived by the parties.

4 % of gross rental income may work for 1 - 3 unit properties but it equals about 5 months» rent on one unit of an 11 - plex (11 x $ 850 / mth (average) x 12 months + $ 112,000 x 4 % = $ 4,400 annual premium divided by $ 850 / mth avg rent (= 5 months).

The second is called the back - end, or bottom ratio, and is equal to your new total monthly mortgage payment plus your total monthly debt divided by your gross monthly income.

Under the test, a building is generally a qualified low - income building if at least 20 percent of the units are both rent restricted and are occupied by tenants whose income is less than or equal to 50 percent of area median gross income.

In other words, your gross monthly income multiplied by 0.31 equals the monthly mortgage payment you can afford, according to FHA guidelines.