Sentences with phrase «end debt ratios»

For instance, some mortgage lenders will approve borrowers with front - end debt ratios of 30 % or higher.

For an FHA home loan, lenders generally allow for a higher front - end debt ratio.

The first number is the front - end debt ratio that only considers housing - related debts (i.e., mortgage payment).

Generally speaking, the borrower's total or back - end debt ratio should not exceed 45 %.

For example, if you will be spending half of your gross monthly income on your combined debts (including the mortgage payment), then your back - end debt ratio would be 50 percent.

The program also helps buyers avoid trouble down the road: Borrower debt is restricted to 20 percent of gross monthly income, and total back - end debt ratio (all debt including mortgage debt) is kept at 36 percent.

Not exact matches

-- Net debt ballooned to $ 269.2 billion for the year ending March 31 from $ 252.1 billion the previous year, leaving a debt - to - GDP ratio of 38.9 per cent, which is expected to grow to 40.3 per cent next year.

At the end of first quarter 2018, statutory capital and surplus was $ 20.533 billion and the ratio of debt - to - capital was 23.3 %.

Our goal was to come up with spending cuts and revenue increases that would keep the ratio of debt to GDP at or below where it was at the end of 2017, at 76 %.

But the same PBO report projects the debt service ratio will rise to an all - time high of 16.3 per cent by the end of 2021.

The net debt to EBITDA ratio is expected to be below 3.3 times at the end of 2018.

It will have an adverse impact on your credit utilization ratio right now, but that's ultimately better than ending up in even more debt.

Assuming official (concessional) financing through end — 2018, the debt - to - GDP ratio is projected at about 150 % in 2020, and close to 140 % in 2022.

household debt ratios are expected to rise further before stabilizing by the end of the projection horizon -LRB-...)

The concept of debt - to - income ratio (both front - end and back - end) pits two variables against each other: your debts and your earnings.

The back - end ratio accounts for all of your debt obligations in comparison to your income.

Your lender is going to look at both your front - end and back - end debt - to - income ratio (DTI) to determine the amount you can afford for a mortgage loan.

It is difficult to model the many ways credit intensivity of growth can change, but if we simply assume that there is no improvement except as growth slows, so that the ratio between credit growth and GDP growth stays constant, the table below shows debt levels at the end of ten years at different GDP growth rates:

We use standard 28 percent «front - end» debt ratios and a 20 percent down payment subtracted from the median - home - price data to arrive at our figures.

Combining fiscal prudence with investments in economic growth, we will end the Harper legacy of chronic deficits and reduce Canada's federal debt - to - GDP ratio each year.

The mortgage rule change being introduced in 2017 relates to the total or «back - end» debt to income ratio.

This is known as the total or «back - end» debt - to - income ratio, because it includes all monthly debts such as mortgage payments, credit cards, auto loan payments, etc..

The overall or total version is also known as the «back - end» debt - to - income ratio.

While they'll look at both numbers, lenders are mostly concerned with your total or «back - end» debt - to - income ratio.

The back - end ratio is also called the debt - to - income ratio, or DTI.

The back - end ratio includes your PITI plus payments for accounts like auto loans, student debt, and credit cards, divided by your income.

The Finance Minister's claim that the public debt to GDP ratio has declined to 63 % debt to GDP ratio is plain wrong because had he used the debt stock at the end of Q1 2016 and divided it by the GDP result realised in Q1 2016 he would have obtained 71 % in current 2016 dollars.

Indeed, Ghana's debt to GDP ratio had increased from 32 percent in 2008 to 73 percent by the end of 2016.

The debt to GDP ratio is actually stabilising and we are hoping to bring it down by the end of the year even if marginally.

The era of reckless borrowing which increased our debt to GDP ratio from 32 % at the end of 2008 to 73 % at the end of 2016 and placed a huge burden on this country, thankfully is over».

The chancellor, George Osborne, certainly plans more austerity, hoping to achieve a budget surplus and a rapidly declining debt - to - GDP ratio by the end of the decade (four years later than he originally predicted).

Dr. Bawumia said with this major increase in debt, Ghana's debt to GDP ratio has increased from 32 % in 2008 to 72 % at the end of 2015, adding «the real effects of the reckless borrowing undertaken in the last seven years is seen in the magnitude of interest payments.»

With this major increase in the debt, Ghana's debt to GDP ratio has increased from 32 % in 2008, to 72 % at the end of 2015.»

In the same period under review, Ghana's debt to GDP ratio stood at 68.6 percent, below the end of year target of 70 percent mark.

As a result, the public debt stock as a ratio of GDP, is 68.3 % against the annual target of 71 % for 2017, and end 2016 actual figure at 73.1 %.»

Also speaking to Class91.3 FM, minority spokesperson on finance Cassiel Ato Forson said the budget is full of deception, adding that Ghana will end the year with a 73 % debt - to - GDP ratio despite the 68 % projection of the finance minister.

The former Finance Minister is therefore «not sure Ghana will have a reduction in the debt to GDP ratio [because] it looks like it is going to go higher,» she stated projecting it «to hit 76 % by the end of the year».

Student loan debt contributes to your back - end DTI ratio, and therefore affects your ability to qualify for mortgage financing.

The secondary benefit of paying off your auto loan first is that you may improve your debt to income ratio (DTI) more — depending on your proximity to the end of the contract term.

Student loans do not affect your mortgage front - end debt - to - income ratio.

The back - end ratio compares your monthly income to your monthly payments for all debt obligations.

Most lenders today limit borrowers to a debt - to - income (DTI) ratio of 28 % on the front end, and 36 % on the back end.

VA home loans offer many benefits to qualified candidates that other loan programs do not, including higher front - end and debt ratios as well as easier qualification standards.

Student loans do affect your mortgage back - end debt - to - income ratio.

The mortgage rule change being introduced in 2017 relates to the total or «back - end» debt to income ratio.

Back - end Debt - to - Income Ratio: Other times, a lender may calculate your debt - to - income ratio excluding your housing expenDebt - to - Income Ratio: Other times, a lender may calculate your debt - to - income ratio excluding your housing expeRatio: Other times, a lender may calculate your debt - to - income ratio excluding your housing expendebt - to - income ratio excluding your housing experatio excluding your housing expenses.

The front - end ratio looks at mortgage and housing - related debts only.

Front - end Debt - to - Income Ratio: Sometimes a lender may calculate your debt - to - income ratio using just your housing expenses (i.e., mortgage or rent payments and, if applicable, property taxes and homeowners insuranDebt - to - Income Ratio: Sometimes a lender may calculate your debt - to - income ratio using just your housing expenses (i.e., mortgage or rent payments and, if applicable, property taxes and homeowners insuraRatio: Sometimes a lender may calculate your debt - to - income ratio using just your housing expenses (i.e., mortgage or rent payments and, if applicable, property taxes and homeowners insurandebt - to - income ratio using just your housing expenses (i.e., mortgage or rent payments and, if applicable, property taxes and homeowners insuraratio using just your housing expenses (i.e., mortgage or rent payments and, if applicable, property taxes and homeowners insurance).

Ask about the «front - end» and «back - end» Debt - To - Income ratios.

On the other hand, the back end ratio, as the name suggests, not only takes into account the housing debt and expenses but also any other loans on your account like credit card payments etc..