Customers who take up the Smartphone Offer can choose from 1GB or 10GB data packages in addition to the data package applicable under their Smart, Elite Super or Emirati plan. Customers will be able to check the aggregate data available by sending a SMS with the key word âRewardsâ to the short code 1233.
For example, $1000 in monthly debt divided by $3000 in monthly income is a debt ratio of 33.3%. Your debt includes existing minimum payments on credit card and loan payments, as well as the mortgage payment you'd have if you get the loan, including taxes, insurance, and any mortgage insurance premium.
How Much Income Do I Need? Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ratio) used in this calculation is 30%. The housing expense, or front ratio, compares your total mortgage payment to your monthly income. The total debt expense ratio (or back ratio) is 36%. This total debt expense, or back ratio, compares your total monthly obligations including your total mortgage payment to your monthly income.