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Real Estate Glossary

Debt-service ratio

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Written by Luis Escobar

This is the ratio of debt payments to the household gross income. On top of the main wage earner’s salary, it includes the salaries of the household’s other wage earners, bonuses, commissions, overtime pay, and others.

This is the ratio of debt payments to the household gross income. On top of the main wage earner’s salary, it includes the salaries of the household’s other wage earners, bonuses, commissions, overtime pay, and others.

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Luis Escobar

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