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Real Estate Glossary

gross debt service

inflation calculator
Written by Richard Wilson

This is the amount of money needed to pay interest, principal, and taxes. It may sometimes include energy costs. If the building unit is a condominium, a portion or all of the common fees are excluded, but this will depend on what expenses are covered.

This is the amount of money needed to pay interest, principal, and taxes. It may sometimes include energy costs. If the building unit is a condominium, a portion or all of the common fees are excluded, but this will depend on what expenses are covered.

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Richard Wilson