[ 2 syll. mon-tag, mo-nt-ag ] The baby boy name Montag is pronounced as MAHNT AE G â . Montag's origin is French. Montag is a variant form of the English name Montague.
The debt to credit ratio is the percentage of the total credit you have used up. Installment loans include student, car and home loans based on fixed amounts of money. Your debt to credit ratio is always 100% or 1:1 for these types of loans because you always use the maximum amount available for your expenses.
VA Loan Debt Ratio Requirements. Part of the VA loan approval process when buying a home, various factors are taken into consideration. A timely credit history must be established, steady income and debts need to be verified and a debt ratio needs to be calculated. The VA debt ratio requirement is 41. The VA debt ratio is calculated by dividing monthly debt with gross monthly income. For instance, if the new mortgage and car payment add up to $2,000 and gross income is $6,000, the debt ratio is 2,000 divided by 6,000, or .33.