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BOSSHOG (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:17 PM Original message |
Debt to income ratio |
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DJ13 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:21 PM Response to Original message |
1. 40% of $100,000 would be a debt level of $40,000 |
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BOSSHOG (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:24 PM Response to Reply #1 |
2. I thought that |
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DJ13 (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:28 PM Response to Reply #2 |
4. Mortgages are included, but as they are amortized over decades only the yearly total counts |
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gcomeau (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:32 PM Response to Reply #2 |
7. That's how I run things... |
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XNASA (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:26 PM Response to Original message |
3. There are different kinds of debt. |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:30 PM Response to Original message |
5. It means none of us should ever be able to buy a home |
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Fresh_Start (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:31 PM Response to Original message |
6. Its not based on total debt |
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BOSSHOG (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 04:31 PM Response to Reply #6 |
9. Thanks very much |
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One_Life_To_Give (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 03:32 PM Response to Original message |
8. Debt or Debt payment ratio? |
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damntexdem (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 04:41 PM Response to Original message |
10. How about a doubt to income ratio? |
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sallylou666 (135 posts) Send PM | Profile | Ignore | Thu Mar-12-09 04:50 PM Response to Original message |
11. Medical expenses |
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davidwparker (1000+ posts) Send PM | Profile | Ignore | Thu Mar-12-09 04:55 PM Response to Original message |
12. Simple: Avoid debt. |
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Adsos Letter (1000+ posts) Send PM | Profile | Ignore | Fri Mar-13-09 04:50 AM Response to Original message |
13. We came in at 16%, a figured from the calculator linked in one of the above posts... |
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PassingFair (1000+ posts) Send PM | Profile | Ignore | Sun Mar-15-09 12:01 AM Response to Reply #13 |
14. Mine is 17%...but I don't feel too cocky about it. |
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notesdev (1000+ posts) Send PM | Profile | Ignore | Sun Mar-15-09 07:52 AM Response to Original message |
15. Probably talking mortgage standards |
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