Sentences with phrase «recommended gross debt»
You have stuck to recommended Gross Debt Service Ratios when approving your mortgages.
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But experts recommend keeping this «gross debt service ratio» under 30 % — and you may want to keep it to 25 % or lower to account for unforeseen expenses.
He recommends limiting total student loan debt at graduation to less than what students expect their annual starting salary to be so they can afford to repay their loans in 10 years or less using 10 percent of their gross income.