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.
Debt-To-Income Ratio. Your debt-to-income ratio may be used to determine: the loan programs that you qualify for; the maximum mortgage amount you qualify for; and how much you can can afford to pay for a home. It is an important measure of risk used by mortgage lenders.he portion of your mortgage payment that is due to the interest rate being applied to the principal balance. The Total Interest for a mortgage is the sum of all interest paid over the life of a loan. Interest Rate. The percentage of the principal balance of your mortgage that determines how much interest you must pay.