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.
gross debt service
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.