Sentences with phrase «obligations by your gross monthly income»
Then, divide the number that represents your total monthly obligations by your gross monthly income.
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They divide your monthly payments for all obligations by your gross monthly income in order to arrive at two sets of figures.
This ratio is calculated by dividing the amount of your monthly debt obligations by your gross monthly income.
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The total of all monthly financial obligations, divided by the total gross 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.
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.
The total of all monthly financial obligations, divided by the total gross monthly income.