Sentences with phrase «major monthly expense»

You'll also need to provide information on your employment and annual income, as well as major monthly expenses, such as mortgage or rent payments and other debts.

I'll sleep better knowing that if I were to lose my job, I won't have to worry much about leaving the house, because my only major monthly expenses are property taxes

VA lenders look at back - end DTI ratios, meaning they measure a borrower's major monthly expenses against his or her gross monthly income.

I'll sleep better knowing that if I were to lose my job, I won't have to worry much about leaving the house, because my only major monthly expenses are property taxes (which are pretty hefty here in New York, but still less each month for this five - bedroom house than it would cost to rent a one - bedroom apartment in the same town).

Her major monthly expenses: $ 315 in rent and utilities, $ 400 for food.

Or, pay off your mortgage before retirement if you can afford to do so to eliminate a major monthly expense in retirement.

Along with some of the smaller expenses listed above, there are two major monthly expenses that are usually reduced or eliminated upon retirement — mortgage payments and the costs of raising a child.

Homeowner's insurance, property taxes and utilities can be a major monthly expense that must be factored into the overall cost.

Rent payments don't normally count towards your credit, but asking your landlord or property manager to report them for you can show timely, responsible payment of a major monthly expense if you have no other credit or loan accounts in your name.

Mortgage lending generally involves two types of ratios, a «front - end» ratio that compares only the new housing cost to your monthly income and a «back - end» ratio that looks at all of your major monthly expenses.

Your DTI is calculated by adding up your major monthly expenses and dividing that figure by your gross monthly income.

Involuntary Unemployment (IU)-- Ensure that one of your major monthly expenses will be taken care of as you search for new employment.

The payment plans should allow you to take care of your major monthly expenses without default while allowing you to use a significant portion of your salary to pay down your debts.

Considering mortgages are a major monthly expense for homeowners, this is particularly frustrating as it removes a simple way to earn Ultimate Rewards on these expenses.

Rent payments don't normally count towards your credit, but asking your landlord or property manager to report them for you can show timely, responsible payment of a major monthly expense if you have no other credit or loan accounts in your name.

To new motorcyclists, motorcycle insurance can seem like a major monthly expense.