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Debt service
Debt service The total amount of the load payment, including principal and interest.
RELATED TERMS--------------------------------------
Principal
1) The outstanding balance of a loan. 2) A party to a real estate transaction. 3) The head of a real estate firm.
Interest
Money paid to a lender as compensation for money that is borrowed.
SIMILAR TERMS--------------------------------------
Debt
An amount owed to another.
Debt consolidation
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
Debt coverage ratio
The ratio between the net income of an investment and the amount of debt service of the investment: expressed as (NOI - DS = DCR).
Debt ratio
The relationship between a person's long term debt payments and their monthly income.
Debt service coverage ratio (DSCR)
The annual net operating income from a property divided by annual cost of debt service. A DSCR below 1 means the property is generating insufficient cash flow to cover debt payments.
Debt to income ratio
A comparison of gross income to housing and non-housing expenses.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
PREVIOUS AND NEXT TERMS--------------------------------------
Debit
A charge on an accounting statement or balance sheet (appearing on the left-hand column); the opposite of a credit.
Debt
An amount owed to another.
Debt consolidation
The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.
Debt coverage ratio
The ratio between the net income of an investment and the amount of debt service of the investment: expressed as (NOI - DS = DCR).
Debt ratio
The relationship between a person's long term debt payments and their monthly income.
Debt service
Debt service coverage ratio (DSCR)
The annual net operating income from a property divided by annual cost of debt service. A DSCR below 1 means the property is generating insufficient cash flow to cover debt payments.
Debtor
One who owes money; a borrower, a maker of a note; a mortgagor.
Debt to income ratio
A comparison of gross income to housing and non-housing expenses.
Decedent
A deceased person, especially one who has died recently.
Deck
A roofless, floored area that adjoins a house.
This dictionary contains 6433 terms. |
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