Monthly Debt Service

Monthly Debt Service

Monthly payments required on credit cards, installment loans, home equity loans, and other debts but not including payments on the loan applied for.

References in periodicals archive ?
Fitch calculates monthly debt service coverage ratio (DSCR) for the programme at 58x, based on the average monthly offshore flows processed through designated depositary banks (DDBs) of the past 12 months, after incorporating interest rate stresses.
Fitch Downgrades 7 Turkish DPR Programmes; Outlook Negative
"Absent financing structures that allow a borrower to increase leverage while mitigating an increase in the monthly debt service, buying power is decreasing across the board.
U.S. median home price increases 4.8 percent in Q3 2018, slowest rate since Q2 2016
LNR also contended that Melius stopped making any payments, including required monthly debt service, after Nov.
Controversial LI development parcel up for sale
More consumers employed means that more mortgage borrowers will have the income to meet their monthly debt service obligations.
The mortgage market: five drivers of a healthy 2016
Furthermore, at today's low rates, amortization makes up more than 30% of the monthly debt service, thereby building equity more rapidly.
Sometimes, prepayment penalties make complete sense
It reduced the company's monthly debt service by $42,000.
Forced to find new lender, insurance agent finds refuge in SBA loan
Laughrey says monthly debt service reductions of 25 percent and 50 percent are common.
Financially stressed? SBA loan programs can help
The condo was nearly full, with 24 units sold and nearly all the remaining units rented out, but the developer was falling short on monthly debt service and its major financial backer died.
Defaulting ... on purpose
* Longer amortizations with an SBA loan substantially reduce monthly debt service requirement.
Getting capital in tight times: strategies for small business owners
Term financing: Equity in machinery, equipment or real estate, which can be substantiated with an appraisal, enables capital-intensive businesses to consolidate financing, frequently with a reduction in monthly debt service.
Financing mix: revolving lines, permanent working capital and term financing
Since opening in September, the 31,000-square-foot facility has covered monthly debt service and has exceeded projections for usage and cash flow for every month by at least 2 percent, according to information provided by Davis County staff.
Chamber hopes study will put new life into conference center plan
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