Definitions for **"DEBT SERVICE"**

The sum of money needed each payment period to amortize the loan or loans. Back to the Top

The series of payments of interest and principal required on a debt over a given period of time.

the sum of loan repayments, interest payments, commitment fees and other charges on foreign and domestic borrowings.

the combined principal and interest you pay on loans each month.

Payment of interest and matured principal; outlay needed or accrued for meeting such payments during any accounting period.

The payment of interest due on the debt is the debt service.

The amount of the periodic principal and interest payment owed on borrowed money.

The periodic payment of a loan, including both accrued interest and a portion of the principle.

A borrower's periodic mortgage payments comprised of principal plus interest on the unpaid mortgage balance.

The payments made by a borrower on their debt, usually including both interest payments and partial repayment of principal.

The total payments of principal and interest on a mortgage.

Cash required by a corporation or municipality to cover all interest and principal payments due in a given year, including sinking fund payments.

Payment of long term debt principal, interest, and related costs. Debt service is budgeted and accounted for in the fund in which it is incurred.

the payments made on a debt periodically.Debt service is meant to reduce the overall principle of the debts and also to pay off the interest alone.

the ratio of a loan payment amount to available cash flow earned during a specific period. Typically lenders insist that a company maintain a certain debt service ratio or else risk penalties such as having to pay off the loan immediately.

The total of interest and principal payments required to be paid on loans payable. To Top

The principal and interest payments for obligations incurred by borrowings to finance capital projects. These payments are similar to mortgage payments on a home. Funding for these payments is included in the operating budget.

Total payments due on loans (repayments plus interest).

Interest charges on bonded indebtedness.

Payments due under debt contracts. This includes payment of interest as it becomes due and payments of the original amount borrowed (principal). Where debt is long dated, a large proportion of the debt service may consist of interest payments.

Interest and principal payments associated with Bond Issues.

Loan principal and interest payments.

Cash required in a given period to pay interest and matured principal on outstanding debt.

Primary or secondary businesses that collect and distribute the debt payments from debentures or loans.

The borrower's repayment of the principal and interest payment on the unpaid loan balance.

The total loan payment, including both interest and principal

Periodic payment on a debt, for interest on and retirement of the principal.

payments of principal and interest on outstanding bonds.

The periodic payment that covers interest on, and retirement of, the outstanding principal of the mortgage loan.

Payment of fees, interest and repayment of principal to holders of the Cityâ€™s debt instruments.

Periodic payment of the principal and interest on a loan.

Periodic repayment of interest and/or principal of an outstanding debt.

A term normally associated with commercial loans; it means the periodic payment of principal and interest.

Debt service is the payment or payments toward a mortgage.

The total payments of principal and interest required in a given time period.

Similar to a mortgage. Money borrowed through bond issues to finance school construction projects. Voted on by taxpayers.

The sum of the annual principal and interest payments expressed as a percentage of the amount owed.

Cash required at a given point in time for payments of interest and current maturity of principal of outstanding debt.

The total dollar amount required to make all periodic loan payments (principal & interest) for a particular period.

The cash required to pay the interest and principal due (usually during one year) on outstanding debt.

The periodic payment (monthly, quarterly, annually) of principle and interest payments on a loan which is being amortized over a long period of time usually 25-30 years.

A series of payments owed on a mortgage.

The cost, actual or imputed, of borrowing money, i.e., interest.

Payments to a lender. Debt service obligations may involve payment of interest only or both principal and interest so as to fully or partially amortize a debt over a specified term.

The amount and schedule of repayment to a lender by a borrower.

Repayments of both principal and interest on external debt.

Costs for principal and interest payments on county debt.

the periodic payments (principal and interest) made on a loan.

Payments of principal and interest to bond holders. It also includes payments for paying agents, registrars, and escrow agents.

is the total amount, (principal and interest), a country spends; the amount paid may fall short of payment due.

Payment of principal (original amount borrowed) and interest.

the amount of principal and interest which is due on a particular bond/note, often expressed in the context of a timeframe (such as "annual debt service").

Interest Expense + Principal Reduction, usually over a time period (e.g., 1 year) Example: If a mortgage payment is $300 per year, the debt service would be $3,600 per year Effective Gross Income (EGI): All sources of potential income from property minus vacancy and collection losses.

The total amount of debt (credit cards, mortgage, car loans, student loans, etc). that an individual or business owes at any one time. In commercial lending it may refer to the principal and interest payments on a mortgage.

The amount of money paid to a lender for a loan, usually including both interest and repayment of the loan itself.

The total payment of principal and interest on loans.

The combined principal and interest due on your loan each month.

The interest and principal paid on a loan.

Payments, due under debt contracts, made by a borrower to a lender. This includes payments of the original (principal) amount as well as interest payments. Where debts are longstanding interest payments frequently make up a large proportion of the debt service.

The amount needed to make interest and principal payments on a bond issue during a given time period.

() The repayment of a mortgage including the interest, principal, and any other additional charges.

the repayment of borrowed money, plus interest

The amount of money needed to meet the periodic payments of principal and interest when a debt is amortized.

The amount of money required to make the periodic payments of principal and interest on an amortized debt.

The mortgage payment for a given period of time.

Periodic payments made under a mortgage loan. Each payment normally includes an amount for interest accrued since the last payment plus a principal amount that ultimately amortizes the loan. Scheduled payments made to retire principal and interest on a debt.

The total monthly or annual mortgage loan payment consisting of interest and principle.

Payments made by a country on the amount of money owed to all of its creditors.

The amount of principal and interest that the County pays on its bond financing.

mortgage payments of principal and interest.

Amount of money needed to meet required fixed costs. Mortgage payments and related expenses.

The total amount of money required to meet the annual principal and interest payments when due.

The periodic payment for interest and principal on a loan.

The periodic payment of principal and interest on debt. Santa Clara's Electric Department Debt Service relates entirely to Revenue Bonds. Joint Powers Agency Debt Service is often secured by a "Take or Pay" power sales contract for the use of a particular project.

Payment of interest and matured principal on outstanding bonds or notes payable.

A series of payments comprised of principal and interest that are calculated to extinguish a debt over a specified period of time.

The yearly amount of interest and principal payable on a bond issue.

The principal and interest charges payable on outstanding debt, the principal of maturing serial bonds and the required contributions to a sinking fund for term bonds.

The amount of principal and interest repayments made under a mortgage on a periodic basis. If payments are equal they are “constant payments”, if amounts vary they are known as “variable payments.

Payments to creditors, primarily the holders or municipal bonds. Debt service includes principal, interest and minor incidentals such as paying agents' fees.

cash required in a given period, usually one year, for payments of interest and current maturities of principal on outstanding debt.

Cost of paying interest for the use of mortgage money.

Interest payment plus repayments of principal to creditors, that is, retirement of debt.

Actual cost of interest and principal on bond maturities as well as revenue anticipation notes.

Payment of scheduled interest obligations on outstanding debt.

The payments of interest and principal due under a facility for a given period of time.

Cash payments covering interest charges and principal due on outstanding loans. Your debt service is the amount of money you have to pay each period (month/year) to make your loan payments.

The amount of money required annually to pay: 1) Interest on outstanding debts; or 2) Funds due on a maturing bonded debt or the redemption of bonds.

The yearly amount needed to make interest and current maturities of principal payments on a bond issue. See: Ability To Pay

The amount of money necessary to pay interest on an outstanding debt, the principal of maturing serial bonds and the required contributions to a sinking fund for term bonds.

Amount of payment due regularly to meet a debt agreement; usually a monthly, quarterly or annual obligation.

the regular payments required to keep a loan current.

The periodic payment (monthly, quarterly, or annually) necessary to pay the interest and principal on a loan which is being amortized over a longer term (usually 25-30 years).

The sum of monthly payments required on credit cards, installment loans, home equity loans, and other debts, but not including payments on the loan applied for.

The schedule for repayment of interest and principal (or the scheduled sinking fund contribution) on an outstanding debt.

The outlay necessary to meet all interest and principal payments during a given period.

The sum of the principal repayments and interest to be paid each year under a loan agreement.

The payment of mortgage payments.

The combination of both the interest and principal payments due to bondholders. Bonds generally mature each year, at which time outstanding principal and interest are due to bondholders.

The combined total of credit card, auto, mortgage or other debt which you pay on a monthly basis.

Glossary-D Debt Service is the total amount of debt (credit cards, mortgage, car loan) that an individual is carrying at any one time.

The total amount of credit card, auto, mortgage or other debt upon which you must pay. Also referred to as your back end ratio. Lenders like to see this ratio in the 40% range. As in 40% of your income goes toward your monthly debt. Higher debt ratio loans are available.

The total amount of monthly payments for credit card, auto, mortgage or other debt a borrower must pay.

The total amount of debt which you must pay. Deed A written instrument by which title to land is conveyed.

The total amount of credit card, auto, mortgage, or other debt upon which you must pay every month.

An amount of the total credit card, auto, mortgage or other debt which you pay.

The combined total of debt (i.e., credit card, auto loan, house payment) an individual is obligated to pay.

Money used to retire debt incurred for capital projects in approved capital budgets; purposes approved by voter referendum; and in response to disasters. Debt service paid by the General Fund should not exceed four percent of revenues.

The process of paying off a loan; the term is generally used in connection with the apportionment of a specific portion of revenue from a project that is needed to retire the loans incurred in connection with that project.

The sum of money needed each month or year to amortize a loan.

See Amortization.

Debt service coverage Debt service coverage ratio

Debt Service Constant

See Annual Debt Service .

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