Sentences with phrase «recurring debt payments»

The back end DTI includes housing - related debts as well as other recurring debt payments (things like student loans, credit cards, child support, etc.).

Similarly, if John's income stays the same at $ 6,000, but he is able to pay off his car loan and reduce his monthly recurring debt payments to $ 1,500, his DTI would be $ 1,500 / $ 6,000 = 0.25, or 25 %.

DTI is the percentage of a consumer's gross income that goes toward paying all recurring debt payments, including rent, mortgage, credit card payments, car loan payments, student loan payments, and legal judgments (such as child support or alimony, if disclosed).

Back - End DTI takes all of your recurring debt payments into consideration.

The back - end ratio indicates the percentage of income that goes toward paying all recurring debt payments that include those covered by the front - end ratio plus other debts like credit cards, car loans, student loans, child support, alimony, and legal judgments.

The average buyer who finances with a conventional loan only spends 24 % of their income on housing costs and 36 % of their income on all recurring debt payments.

This is the monthly recurring debt payments — typically mortgage loan, credit card, student loan, or car loan payments — as a percentage of your income.

In general, a mortgage lender will approve a mortgage with payments of no more than 28 percent of your income, and total recurring debt payments of 36 percent of your income, though this number can go as high as 43 percent in some cases.

Not exact matches

Important factors that could cause actual results to differ materially from those reflected in such forward - looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of global economic conditions on the business aircraft market and expanding conflicts or political unrest in the Middle East or Asia; 7) customer cancellations or deferrals as a result of global economic uncertainty or otherwise; 8) the effect of economic conditions in the industries and markets in which we operate in the U.S. and globally and any changes therein, including fluctuations in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S. export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both in the U.S. and abroad; 20) the effect of changes in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.

This is a percentage - based comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts (credit cards, car payments, mortgage payments, etc.).

If you have a pretty good credit history, a manageable level of recurring debt, steady income, and a down payment of 3 % or more — you might meet the minimum qualification requirements for a 30 - year fixed - rate mortgage loan.

This is a numerical (percentage) comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts — such as student loan payments.

This way of looking at debts can be advantageous for a borrower who has small or even zero recurring monthly expenses for such things as student loans, credit card bills, and auto payments.

Mortgage lenders must weigh the borrower's income and assets against (A) the expected mortgage payments; (B) other expenses relating to the mortgage, such as home insurance and property taxes; (C) payments for other loans associated with the property, such as a second mortgage; and (D) all other recurring debt obligations.

Add up the total mortgage payment (principal and interest, escrow deposits for taxes, hazard insurance, mortgage insurance premium, homeowners» dues, etc.) and all recurring monthly revolving and installment debt (car loans, personal loans, student loans, credit cards, etc.).

If you have no established credit history, supply the lender with canceled checks for rent, utilities and other recurring obligations to show payment history and amount of revolving debt.

And if those recur, and the child proves to be unable to meet even the minimum monthly payments, you'll be legally responsible, as co-signer, for paying off the debts your kid has run up.

You can set up recurring or one - time extra payments to pay off your debt faster.

Total Fixed Payment to Effective Income Add up the total mortgage payment (principal and interest, escrow payments for taxes, hazard insurance, mortgage insurance premium, homeowners» association dues, etc.) and all recurring monthly expenses and installment debt (car loans, personal loans, student loans, credit cards,Payment to Effective Income Add up the total mortgage payment (principal and interest, escrow payments for taxes, hazard insurance, mortgage insurance premium, homeowners» association dues, etc.) and all recurring monthly expenses and installment debt (car loans, personal loans, student loans, credit cards,payment (principal and interest, escrow payments for taxes, hazard insurance, mortgage insurance premium, homeowners» association dues, etc.) and all recurring monthly expenses and installment debt (car loans, personal loans, student loans, credit cards, etc.).

If you have a pretty good credit history, a manageable level of recurring debt, steady income, and a down payment of 3 % or more — you might meet the minimum qualification requirements for a 30 - year fixed - rate mortgage loan.

This is a percentage - based comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts (credit cards, car payments, mortgage payments, etc.).

Together, the new car payment, monthly insurance rate and other recurring debts should not exceed 50 percent of your gross income, says Auto Credit Express.

If your total recurring debts (including your mortgage payments) will exceed 45 % of your gross monthly income, you may have trouble qualifying for a loan.

To find your debt - to - income ratio add up all monthly recurring debt that include mortgage and equity loan, car loans, student loans, minimum required payments on credit card debt and divide it by your monthly gross income.

When you get behind on recurring debt, like paying minimum payments on credit cards, many credit card banks will raise your interest rates increasing the cost of the recurring debt.

One thing that I would add as critical for people in debt: use your interest payments on your debt to estimate the value of recurring payments.

Your debt - to - income ratio compares the minimum monthly payment on all recurring debt, including your housing payment, with your gross monthly income.

For loans that receive a «refer» risk classification from TOTAL Mortgage Scorecard (TOTAL) and / or are manually underwritten, the homeowner's total monthly mortgage payment, including the first and any subordinate mortgage (s), can not be greater than 31 percent of gross monthly income and total debt, including all recurring debts, can not be greater than 50 percent of gross monthly income (these are very rarely accepted and if this is the outcome of initial underwriting, other options should be considered)

Due to financial issues like debt, the lack of a savings account, and too many recurring bill payments, the majority of cash advance lenders» customers need quick cash in order to get through a difficult period of time.

First, add up all of your recurring monthly debt payments.

Monthly debts are recurring payments, due monthly.

A bond is a type of debt issued by a corporation, government or other organization where the purchaser pays a certain amount to purchase the bond and, in exchange, will receive either a lump sum after a certain period of time or specified recurring payments over a period of time.

First, lay out all your daily expenses (such as commuting costs and food bills) and recurring monthly payments (rent, utilities, debts).

Check your credit report for any errors; set up automatic payments so that you're never late for recurring bills; and make a concerted effort to pay off debt.

This is a numerical (percentage) comparison between the amount of money you earn each month, and the amount you spend to cover your recurring debts — such as student loan payments.

Broader qualifying ratios — total house payment with MIP can be up to 31 % of borrower's monthly gross income and total house payment with all recurring debt can be up to 43 %.

Your loan application will request financial data including your place of employment, assets, and liabilities (including recurring debts such as credit card bills and car payments).

In this context, your residual income is what you have left over each month after paying your recurring debts, such as your mortgage payment, car payment, and credit card bills.