[ 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.
The back ratio is the same thing, only it also includes your monthly consumer debt. Consumer debt can be car payments, credit card debt, installment loans, and similar related expenses. Auto or life insurance is not considered a debt. A common guideline for debt-to-income ratios is 33/38.