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What is gross monthly debt?

R

rubix

Golden Member
What is gross monthly debt? Examples I am seeing are like:

Mortgage Payment, Monthly home equity loan, Car payment, Credit card minimum payment(s), Student loans, Personal loans, Child support

So does monthly rent count as a debt? What about if I pay off my CC full every month? Would I put $1000 for the CC if its always $1000 or $20 for only the min payment even if I paid full? I am retarded.
 
sir, i find your jokes innapropriate at times like these. just kidding. 🙂

i need to calculate my gmd for something i am filling out so i need to know if my rent and full cc amount counts or just the min.
 
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