Sentences with phrase «cent of disposable income»

Our estimate is that households currently pay about 2 1/2 per cent of income in required principal repayment, which brings their total debt servicing to 10 per cent of disposable income.

Right now, the average Canadian household spends about 14 per cent of its disposable income to pay down debt, including mortgage principal and interest.

PriceWaterhouseCoopers found indebted Britons are now paying 19 per cent of their disposable income on debt repayments.

Households, in turn, have today levels of financial burden in line with those observed in other European countries (25 per cent of disposable income in Spain, versus 28 per cent in France and 24 per cent in Germany).

Taking these facts into account, and allowing for the fact that households with debt have, on average, incomes about 30 per cent higher than the average for all households, interest and principal repayments probably account for something like 20 per cent of disposable income among those households who have debt.

The office projects that by the end of 2020, this ratio will increase to 15.9 per cent of disposable income from its late 2015 level of 14.1 per cent.

The total amount of credit market debt — which includes mortgages, non-mortgage loans and consumer credit — held by Canadian households increased to 162.6 per cent of disposable income during the quarter, from a revised 161.5 per cent in the previous quarter.

It's said that the average driver spends 5.3 per cent of their disposable income on auto insurance in Ontario.

But the level of household debt continues to rise, hitting 171.1 per cent of disposable income in the third quarter.

The interest repayment burden on the household sector is now higher than the previous peak in 1996, of 7 per cent of disposable income, reflecting the rapid rise in household indebtedness.

Hamid Faruqee and Andrea Pescatori noted that Canada ought not get complacent about housing prices that have pushed household debt to over 150 per cent of disposable income — one of the highest among OECD countries.

Moreover, in the September quarter, the expansion in housing - secured credit exceeded household dwelling investment by around 8 per cent of disposable income.

In the December quarter, households are estimated to have saved nearly 5 per cent of disposable income.

The reason for their frustration is Poloz's unwillingness to raise interest rates to slow the accumulation of household debt, which now is about 170 per cent of disposable income.

In the fall, Canadian household debt reached 165 per cent of disposable income, and all signs point to that number rising in 2016.

It shows the breakdown of impact, from an unemployed 23 - year - old who loses $ 47 a week or 18 per cent of their disposable income to the $ 24 per week, or less than 1 per cent of disposable income, paid through the deficit levy by an individual on three times the average wage — close to $ 250,000 by 2016 — 17.