Sentences with phrase «calculated as a percentage of income»

The federal government offers repayment plans where your monthly payment is calculated as a percentage of your income.

In one kind, called income - driven repayment (IDR) plans, after borrowers make monthly payments (which are calculated as a percentage of income) for a certain period, usually 20 years, the outstanding balance of their loans is forgiven.

The federal government offers repayment plans where your monthly payment is calculated as a percentage of your income.

Not exact matches

Household debt as a percentage of disposable income was was 163.3 % in the first quarter, Statistics Canada reported last week — only marginally lower than the record 163.9 % ratio the agency calculated for the fourth quarter.

Payroll tax is usually calculated as a percentage of total employee salaries and is used by the government to pay for things like income tax, MediCare and Social Security.

If you qualify, your payments will be determined as a percentage of discretionary income, which is calculated as any income earned above 150 % of the poverty line.

IBR plans calculate your monthly payment as a percentage of your income but extend the term of your loan, which means you'll end up paying more overall in interest.

If one calculates these percentage increases as national income projections over an 80 - year period (providing for a 20 - year delay before any school reform is completed and the newly proficient students begin their working careers), a back - of - the - envelope calculation suggests gains of nothing less than $ 75 trillion over the period.

The amount of foreign source income is calculated as a percentage of the ordinary dividend shown in Box 1 of Form 1099 - DIV.

The best indicator of mortgage debt is the Federal Reserve Board's household Debt Service Ratio for mortgages, which calculates mortgage debt as a percentage of disposable personal income.

As we learned earlier, tax deductions lower your taxable income, and they are calculated using the percentage of your marginal tax bracket.

Well, there are those who advocate for sweeping all outstanding student loans into the government's Income - Based Repayment plan — where monthly payments are calculated as a percentage of salary — and to have the payments automatically deducted from the borrowers» paychecks along with their federal and state income - tax withholIncome - Based Repayment plan — where monthly payments are calculated as a percentage of salary — and to have the payments automatically deducted from the borrowers» paychecks along with their federal and state income - tax withholincome - tax withholdings.

To calculate this ratio you need to take all debt payments, including house - related costs, credit card debt, car loan, taxes and other spending, as a percentage of your pre-tax monthly income.

Defined benefit & defined contribution pensions In a defined benefit pension, you are guaranteed an income in retirement, calculated as a percentage of your final or average earnings.

The bp is commonly used for calculating changes in interest rates, equity indexes and the yield of a fixed - income security.The relationship between percentage changes and basis points can be summarized as follows: 1 % change = 100 basis points, and 0.01 % = 1 basis point.

The first mutual fund - Massachusetts Investors Trust, founded in 1924 - calculated its expenses not on the basis of a percentage of assets, but as a percentage of its investment income.

Mary's defined benefit income cap for 2017 — 18 is calculated as the percentage of the full defined benefit income cap that represents the portion of the year that she was 60 years old.

As a result, calculating DPR as a percentage of cash flow from operations (or operating cash flow), which is derived by adding non-cash charges to net income, is a less restrictive and more accurate depiction of a company's dividend sustainabilitAs a result, calculating DPR as a percentage of cash flow from operations (or operating cash flow), which is derived by adding non-cash charges to net income, is a less restrictive and more accurate depiction of a company's dividend sustainabilitas a percentage of cash flow from operations (or operating cash flow), which is derived by adding non-cash charges to net income, is a less restrictive and more accurate depiction of a company's dividend sustainability.

Mary's defined benefit income cap for 2017 - 18 is calculated as the percentage of the full defined benefit income cap that represents the portion of the year that she was 60 years old.

The back - end ratio, also known as the debt - to - income ratio (DTI), calculates the percentage of your gross income required to cover your debts.

The Child Support Guidelines calculate the base amount of child support by taking the payor parent's annual income, and the number of children for whom support is being paid, and using those two factors to determine the percentage of the payor's income that will be ordered as child support.

Guaranteed Income is calculated as a fixed percentage of Basic Sum Assured for a chosen premium payment term.

Wisconsin calculates child support payment amounts by taking a percentage of the noncustodial parent's monthly income as described in the state's statutory guidelines.

If the payor parent is required to pay a share of any of the above expenses, they will be calculated as the payor parent's percentage of the combined incomes of the 2 parents.

Use a site such as www.e-loan.com to calculate how large a mortgage a client can handle and what percentage of income is reasonable to spend on housing.