Sentences with phrase «minus debts on it»

To approve such loans, lenders rely on equity or simply the value of a home minus debts on it.

Property equity simply refers to its value minus the debts on it.

Equity refers to the price of a house minus the debts on it.

Not exact matches

The Great Recession of 2007 - 09, which caused the latest downturn in incomes, had an even greater impact on the wealth (assets minus debts) of families.

Various quantitative - easing options focused on government bonds were shown to governors on Jan. 7 in Frankfurt, including buying only AAA - rated debt or bonds rated at least BBB minus, the euro - area central bank official said.

Interest on debt, which is a much smaller amount than the other two categories, is the interest the government pays on its accumulated debt, minus interest income received by the government for assets it owns.

If your income - minus - expenses is a positive number, then you're way ahead of the curve, and you can get on to the good stuff, like paying down debt and saving for goals.

Home equity is equivalent to the current value of a home minus the total debts on it.

Ideally, your monthly debt servicing payments (minus tax saving on interest) should approximate the rent on the house.

Depending on your credit history and the amount of your overall debt, you may be able to borrow up to 85 % of the appraised value of your home minus the amount you still owe on your mortgage.

On the minus side, his blanket proscription of debt fails to take into account that people with rising incomes can use debt productively if they do so within reason.

On the other hand, a borrower who pays a fixed - rate mortgage of 5 percent would benefit from 5 percent inflation, because the real interest rate (the nominal rate minus the inflation rate) would be zero; servicing this debt would be even easier if inflation were higher, as long as the borrower's income keeps up with inflation.

They mostly reflect asset values as they appear on the balance sheet — minus debt, of course.

Your monthly mortgage payments would jump from roughly $ 625 per month to $ 1,290 per month, but it would also put $ 155,000 in your pocket ($ 280,000 minus $ 125,000 in mortgage debt on the current home).

Property price minus debts are enough to qualify or render you ineligible for an equity loan on your property.

They simply focus on equity - the appraised the value of a home minus all the debts in it when making lending decisions as real estate is their main business.

For both, it is evident that approval is based on equity (value of the property minus its debts) but that is where the similarities end.

This is calculated by dividing the Net Operating Income (all rental income minus all reasonable operating expenses) by the Debt Service (cash required during a specified time period to cover the payment of interest and principal on a deDebt Service (cash required during a specified time period to cover the payment of interest and principal on a debtdebt).

They mostly reflect asset values as they appear on the balance sheet (minus debt, of course).

These crude estimates tell our hypothetical 45 - year - old what she is worth today: an additional $ 1.4 million on top of whatever her home and financial accounts are worth, minus any debts.

The Great Recession of 2007 - 09, which caused the latest downturn in incomes, had an even greater impact on the wealth (assets minus debts) of families.