What does the term "annual debt service" mean...thank you in advance

i have seen this in several adds, but can not find out what or how it would effect me..thank you Trent
In Buying Property - Asked by Trent D. - Dec 3, 2008
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Answer(s)

Dawn H.
Appraiser
Orlando, FL

Annual debt service is generally defined as the total of your mortgage payments for one year.

Dec 3, 2008
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Trent D.
Owner/Investor
Whetstone, AZ

Thank you for the help Dawn

Dec 4, 2008
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