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Debt to income ratio |
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Debt to income ratioA ratio used by lending institutions to determine whether a person is qualified for a mortgage. Debt-to-income is the total amount of debt, including credit cards and other loans, divided by total gross monthly income.Debt to income ratio Similar MatchesIncome statement (statement of operations)Income statement (statement of operations)A statement showing the revenues, expenses, and income (the difference between revenues and expenses) of a corporation over some period of time. Minimum income guaranteeMinimum income guaranteeThe Minimum Income Guarantee tops up pensioners' incomes from the basic state pension. In the year 2003, the top up is to £102.10 a week for a single person to £155.80 for a couple.The MIG rises with wages inflation which tends to move faster than price inflation (on which the basic state pension is based) so in time the gap between the state pension and the MIG should grow.Anyone with assets over £12,000 is disqualified from the MIG. Gross incomeGross incomeYour total income before tax and expenditures. Discretionary incomeDiscretionary incomeThe amount of income a consumer has available after purchasing essentials such as food and shelter. Social security disability income insuranceSocial security disability income insuranceInsurance which provides income to disabled people incapacitated for one year or more. Benefits are payable up to the person's death. Further Suggestionsearned incomeSelf employed income Income dividend Corporate income fund (CIF) taxable income Income elasticity Net investment income per share Monthly income preferred security (MIP) fixed income securities Nominal income Income redistribution argument for a tariff Social Security Disability Income Insurance income dividend Disability income insurance Residual income Employee Retirement Income Security Act Income bond Adjusted gross income (AGI) Gross Income nominal income Income immunization strategies Per capita income Taxable income Grantor Retained Income Trust (GRIT) franked income |
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