Mortgages also take into account something
called Gross Debt Servicing Ratio, also known as GDSR.
Not exact matches
Delivering his first state of the nation address to Parliament today [Tuesday], Nana Akufo - Addo bemoaned what he
called fiscal indiscipline that has increased the country's
debt stock to 74 percent of its
Gross Domestic Product (GDP).
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.