Sentences with phrase «debt service payments»

Divide your total monthly debt service payments by your monthly gross income.
The debt to income ratio equation divides your monthly debt service payments by your monthly gross income.
The largest adjustment comes from making debt service payments earlier than previously planned.
It's tough to beat down principal balances when one's money is tied up in debt servicing payments.
That includes money for additional debt service payments due to the bill.
It, and the foreign currency debt servicing payments, are therefore subject to valuation effects when the exchange rate changes; currency depreciation increases the debt - servicing costs in Australian dollar terms.
To figure it out, divide the monthly debt service payment by the principal.
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.
These new lending practices increased the number of people who could afford a down payment on a house and monthly debt service payments on a mortgage, thereby also increasing the size of the market for single - family homes.
Cuomo's proposed method «could result in higher overall borrowing costs for the State's taxpayers, even though annual debt service payments in the early years may be less,» DiNapoli wrote.
I strenuously objected, noting that any resumption of debt service payments would kill the stabilization program and throw Bolivia back into hyperinflation.
Household debt service payments as a percent of disposable personal income is lower than it has been at any point in the last 15 years.
He proposed to limit debt service payments to 10 per cent of export earnings and refused to pay the IMF the arrears it asked for.
Borrowing costs may be higher because of PA's 5 credit downgrades AND lawmakers who support this borrowing have not shared how they plan to pay for these substantial new debt service payments in future budgets.
Plus, they've had years of this awful deflation, where it gets harder and harder to meet fixed debt service payments.
At the county level, we can implement reform in various other ways, including paying off old debt and reducing debt service payments; using part - time workers; and renegotiating union contracts that are similar to those in the private sector, especially in terms of health care contributions.
The budget is able to exploit this loophole by not «adjusting for payment timing differences and accounting changes,» such as through premature debt service payments or «shifting expenditures out of state operating funds spending.»
Master servicers have a playbook called the «Pooling and Servicing Agreement» or PSA, that outlines their roles and responsibilities to the bondholders, examples of which include making sure the property is sufficiently insured, ensuring that the real estate taxes are paid, processing capital expenditure reimbursements, collecting debt service payments and, in turn, paying the bondholders.
f. 1) The Department of Education shall authorize amounts estimated at $ 13,538,408 the first year and $ 13,538,408 the second year from the Literary Fund to provide debt service payments for the education technology grant program conducted through the Virginia Public School Authority in 2014.
In developing the proposed 2016 - 2018, 2018 - 2020, and 2020 - 2022 biennial budgets for public education, the Department of Education shall include a recommendation to the Governor to authorize sufficient Literary Fund revenues to make debt service payments for these programs in fiscal years 2017, 2018, 2019, 2020, and 2021.
Annual debt service payments will likely exceed $ 8.2 billion by the end of the 2021 - 22 fiscal year, DiNapoli said.
The Department of Education shall authorize amounts estimated at $ 11,670,000 the first year and $ 11,670,750 the second year from the Literary Fund to provide debt service payments for the education technology grant program conducted through the Virginia Public School Authority in 2011.
«Based on current information the Commonwealth will have a negative cash balance of $ 29.8 million in November 2015,» and Puerto Rico's «illiquidity will only grow worse when a $ 355 million debt service payment on bonds of the Government Development Bank (GDB) comes due on December 1.»
$ 12.8 million in debt service payments by delaying until February 2016 borrowing for capital projects, termination pay and tax refunds.
«Note that the GDB's President Melba Acosta was quick to state that the $ 169 million debt service payment due on its bonds would be made.
Governments, harassed by the burden of debt service payments, reduce public expenditure on health and education and other social services to balance their budgets.
He has $ 18,000 remaining in the deal and your new debt service payment (assuming the same rate) would be about $ 12,000 annually.
Calculate your DTI by dividing your monthly debt service payments by your monthly income.
CNBC also reported that Puerto Rico's power utility, PREPA, and other institutions met their debt service payments Wednesday, according to the National Public Finance Guarantee Corporation.
It is computed by dividing a business's cash flow (more specifically, net operating income) by the debt service payments (loan and lease payments).
Annual debt service payments are projected to be mroe than $ 8.2 billion in the 2021 - 22 fiscal year.
«Achieving these lapse — or savings — targets will be a significant budgetary challenge, especially in light of the high levels of fixed costs for FY 2018, such as debt service payments, pension contributions and other costs.»
The Council is proposing $ 790 million in new spending and tax reductions but estimates that the increase to the budget would ultimately be only about $ 127 million once larger agency savings and changes to debt service payments are included.
CTBA has created per - district estimates for both normal cost (the payment that covers benefits being earned by current employees) and legacy cost (the debt service payment to make up for previous years» underfunding).
As a result of Governor Malloy's irresponsible borrowing policies, the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years.
For example, Governor Malloy's irresponsible borrowing policies mean that the state MUST increase its debt service payments by at least $ 672 million dollars over the next three years and mandatory payments to the state employee and teacher pension and healthcare funds will account for an additional $ 620 million.
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