Online Calculators > Financial Calculators > Residual Income Calculator
Residual Income Calculator
Residual Income Calculator to calculate the residual income. The residual income formula is shown below on how to calculate residual income for personal and business income.
Business residual income is the net operating income of a department whereas personal residual income is your monthly income after paying off your debt.
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Personal Residual Income: |
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Residual Income Formula
Following is the business residual income formula on how to calculate residual income.
Business Residual Income = Net Operating Income - Minimum Required Return * Cost of Average Operating Assets
Personal Residual Income Formula
Following is the personal residual income formula on how to calculate personal residual income.
Personal Residual Income = Monthly Salary After Tax / Monthly Debt
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