The amount of after-tax income produced by a specific asset or group of assets. NEI is calculated by subtracting federal income tax from gross income.
Related information about net effective income:
- What is net effective income? definition and meaning
Definition of net effective income: The amount of after-tax income produced by a specific asset or group of assets. NEI is calculated by subtracting federal income ...
- Single Family Loan Production - Use of Effective Gross - HUD
The Federal tax liability calculation formerly used with net effective income is no longer used. Total Mortgaqe Payment: The sum of the principal, interest, real ...
- Initiatives Designed to Provide Economic Stimulus to the - HUD
... mortgagor's income will be considered adequate if the total prospective housing expense does not exceed 35 percent of the mortgagor's net effective income, ...
- What is Net Effective Income - Financing guide
What is Net Effective Income. ... What is Net Effective Income? Find below about Net Effective Income. A | B | C | D | E | F | G | H | I | J | K | L | M · N | O | P | Q | R | S ...
- POLICY STATEMENT ON HOMEOWNER'S EMERGENCY ...
Net effective income—Gross household income less city, State and Federal income and Social Security taxes. Noncorporate seller—A person holding a ...
- VA Home Loan Program - Veterans Benefits Administration
payments from the monthly obligations factored into the net effective income calculation in the loan analysis. Example: Applicant cosigned for his daughter's car; ...
- Chapter 4 - Veterans Benefits Administration
the lender may exclude the loan payments from the monthly obligations factored into the net effective income calculation in the loan analysis.
- Alabama Taxes and Incentives Summary - Economic Development ...
paid or accrued, creating a lower net effective income tax rate. Net Operating Loss Carryforward. For Alabama corporate income tax, a net operating loss is ...