Sentences with phrase «determined by the monthly income»

Not exact matches

In a recent study done by Joseph Rosenberg for the non-partisan, Tax Policy Center, it was determined that the top one percent and the top 0.1 percent get a majority of their income from businesses they own and investments rather than a monthly paycheck.

Next, determine your monthly gross income by dividing your pre-tax salary by 12.

It is determined by adding up your total monthly debt (including the projected mortgage payment) and then dividing by your total monthly income.

Lenders look closely at your income to determine how much you can truly afford to pay for a monthly mortgage payment, and one simple guideline they use is to take your available income and multiply it by 25 %.

The application allows you to select an income - driven repayment plan by name, or to request that your loan servicer determine what income - driven plan or plans you qualify for, and to place you on the income - driven plan with the lowest monthly payment amount.

By taking into account cash inflow and cash outflow, it determines whether the income generated by an individual is adequate to meet his monthly expenses is the primary concern of cash flow managemenBy taking into account cash inflow and cash outflow, it determines whether the income generated by an individual is adequate to meet his monthly expenses is the primary concern of cash flow managemenby an individual is adequate to meet his monthly expenses is the primary concern of cash flow management.

The top number is determined by the new mortgage payment (including principal, interest, taxes and insurance) divided by your gross monthly income.

It is determined by adding up your total monthly debt (including the projected mortgage payment) and then dividing by your total monthly income.

Ultimately, the maximum size of your loan amount will be determined by your debt - to ‐ income ratio (DTI), which is the percentage of monthly gross income that goes towards paying debts.

Determine how much home you can afford by comparing your income with your current or planned expenses and debt payments and see what you can afford as a monthly mortgage payment.

Under a loan rehabilitation agreement, your loan holder will determine a reasonable monthly payment amount that is equal to 15 percent of your annual discretionary income, divided by 12.

Your income benefit is determined by a percentage of your monthly income, ranging from 50 - 60 %.

A debtor whose «current monthly income» is greater than a certain amount, determined by a rather complicated formula, is not eligible for Chapter 7 bankruptcy.

In Chapter 13, your monthly payment is determined by your «disposable income» which is calculated by taking your income minus your expenses.

Monthly payments are determined by a variety of factors, including your income and family size.

DTI is determined by dividing your total recurring monthly debt (such as a mortgage, auto loan, and credit cards) by monthly income.

This ratio is calculated by dividing a borrower's monthly debts by the monthly gross income and determines how much money the borrower has available for other monthly obligations.

In this kind of repayment plan, the monthly payments are not set but determined each period by the outstanding debt, market conditions (interest rate) and mainly, your income.

Be aware, however, that the rounding rules for these calculations, as well as procedures for calculating monthly income, are determined by the federal, state, and local program offices that use the poverty guidelines for eligibility purposes.

By focusing your time and efforts on the most popular book - selling websites, and using free online tools to help determine the current value of your used books, CDs and DVDs you want to sell for a profit, you can earn extra monthly income working from home.

The ratio is determined by dividing the sum of your monthly debts into your verifiable monthly income.

According to the VA, affordability is determined by a combination of qualifying debt and monthly income.

By filing separately, it is likely that you'll lower your IBR obligation, since your student loan provider will factor in only your adjusted gross income when determining your monthly payment.

Temporary spousal support in Loudoun County is determined typically by a formula that takes a portion of the higher earning spouse's income and, if any, a portion of the lower - earning spouse's income to determine what the monthly payment should be.

E.D.Va., 2008), in the Eastern District of Virginia, Richmond Division, the bankruptcy judge held that the disposable income of an above - median - income debtor can be determined using the monthly income resulting from Official Form B22C, the means testing form, minus the expenses allowed by 11 U.S.C. 707 (b)(2)(A)(iii), including payments on a luxury goods, like BMWs, and an expensive, $ 700K home, even if such payments were at the expense of the unsecured creditors, who were only receiving a 3 % dividend.

The annuitant becomes important if one day you choose to annuitize your annuity, which means to get a monthly income for life, for the amount of income that you can receive will be determined by the annuitant's age.

The monthly benefit or lump sum benefit amount is determined by a number of factors including the income of the key executive, the replacement costs associated with hiring and training a capable replacement and the key person's contribution to the company's earnings.

Your income benefit is determined by a percentage of your monthly income, ranging from 50 - 60 %.

To determine child support obligations, Florida requires that separated parents complete a form listing their income and resources, and calculating a support amount to be paid monthly by the noncustodial parent to the custodial parent.

Child support is calculated by using each parent's gross income, expenses, and Florida's Child Support Guidelines Worksheet to determine how much each spouse will have to contribute monthly.

(10) Each parent's actual dollar share of the total minimum child support need shall be determined by multiplying the minimum child support need by each parent's percentage share of the combined monthly net income.

(9) Each parent's percentage share of the child support need shall be determined by dividing each parent's net monthly income by the combined net monthly income.

Child support is calculated by obtaining the gross income of the paying parent (as determined by s. 16 of the Child Support Guidelines) and the number of children to which the support payment will apply and then looking at the table amounts listed in Schedule I of the guidelines for the monthly amount payable.

Debt - to - income ratio — Actual: A calculation of monthly housing costs and overall debt payments, divided by the purchasers» gross monthly income, which ultimately determines the size of their available mortgage.

The ranking was determined by identifying ZIP codes within the top metropolitan areas in the U.S. that contained at least one public school ranked eight out of 10 or higher by GreatSchools, then calculating affordability by factoring in the ZIP code's median income and median - priced home with monthly mortgage payment and other cost data.

DTI, which represents the percentage of your gross monthly income that you spend on debt payments, will also be considered by any mortgage lender who is determining your mortgage eligibility.

Realtor.com ® ranked ZIP codes according to affordability of homes within each area, determined by calculating the monthly mortgage costs and other costs to purchase the median - priced home in the ZIP code and dividing it by the ZIP code's median income.

The rental assistance amount is based on the gap between the fair market rent level for the unit (as determined by the U.S. Department of Housing and Urban Development) and 30 percent of the renter's monthly income.

By looking at your income and current monthly debts, you can determine your ideal monthly payment.

Lenders qualify mortgage borrowers» maximum loan amounts by determining what 31 % to 33 % of their monthly gross income is at present.