[ 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.
Lenders will calculate how much of your monthly income goes toward debt payments. This calculation is called a debt-to-income ratio. Debt-to-income ratio. Percentage of monthly income that is spent on debt payments, including mortgages, student loans, auto loans, minimum credit card payments and child support.