Total Debt Service Ratio,
Total Debt Service Ratio Meanings:
The term Total Debt Service Ratio (TDS) refers to a measure of debt service used by financial lenders to determine the ratio of gross income spent on housing and similar payments. Lenders take into account the property tax, credit card balance and other monthly loans of each potential borrower to calculate the income / loan ratio and then compare these numbers with reference to the lender to decide Whether to approve the loan or not.
- The total loan service ratio is one such measure of credit to assess the ability of mortgage lenders to obtain credit.
- Contrary to the ratio of total debt services, the ratio of total debt rate, immovable property to immovable debt and liabilities are included.
- Generally, less than 43% KTDS is required to secure a mortgage, and many lenders apply stricter rates.
Literal Meanings of Total Debt Service Ratio
Meanings of Total:
Damage (something, usually a vehicle) that cannot be repaired
The total amount or quantity of something.
Contains a number or quantity.
Sentences of Total
ended with 6,260. Loan
Make a total of 33 points
Total cost 4,000
Synonyms of Total
complete, thorough, out-and-out, prize, in-depth, absolute, positive, veritable, work out as, sum total, overall, through and through, ultimate, utter, amount to, unconditional, outright, perfect, unlimited, all-out, consummate, deep-dyed, make, run to
Synonyms of Debt
account, outstanding payment, amount due, tally, financial obligation, money owing, bill
Meanings of Service:
Perform routine maintenance or repair work on (vehicle or machine).
With a (male) mate (female)
Helping or working with someone.
A system that caters to the needs of the people such as transport, communications or utilities such as electricity and water.
Religious worship in a fixed form - a fixed form for such a ceremony
Routine inspection and maintenance of vehicles or other machinery as usual.
Different foods and utensils are used to serve certain foods.
(In tennis and other racquet sports) The act of starting a game or right.
Formal service documents such as letters or subpoints.
Sentences of Service
Check your vehicle regularly
A dog can potentially serve several batches in one day
Millions of people are involved in volunteering
Regular bus service
The car was fixed
The applicant has placed an order and has been notified according to his / her responsibilities.
Synonyms of Service
amenity, kindness, routine check, service, favour, maintenance check, helping hand, ritual, good turn, observance, solution, act of assistance, rite, resource, overhaul, utility, ordinance, servicing, check, ceremony, facility
Meanings of Ratio:
A quantitative relationship between two quantities that indicates how many times one value is included or whether another quantity is included.
Sentences of Ratio
The male to female employment ratio is 8 to 1
Synonyms of Ratio
proportion, relationship, balance, comparative extent, correspondence, correlation, quantitative relation, comparative number