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That will put the average monthly payment for retired workers at $845, compared with $816 this year.
Nationwide, about 3.4 million veterans received more than $48 billion in 2012, an average monthly payment of about $1,162.
Instead, the average monthly payment for those on standard variable rates stands at £651.88, according to HSBC's calculations, a difference of £192 over a year.
The average monthly payment works out at 16 times the amount Barack Obama is due to receive when he leaves office.
For residential homeowners, based on a 30-year mortgage, the Energy Commission estimates that the standards will add about $40 to an average monthly payment, but save consumers $80 on monthly heating, cooling and lighting bills.
A recent report by Experian Automotive found that the average amount financed for a new vehicle in the fourth quarter of 2015 was $29,551 and the average monthly payment was $493.
Similar(40)
And Mr. Ballew said that, on average, monthly payments have fallen to barely 6percentt of average household income -- the lowest level since measurement started in the 1960's.
Borrowers with a £100,000 mortgage have seen average monthly payments rise by £64 since the Bank's nine-member monetary policy committee (MPC) started its round of monetary tightening last August.
For those mortgage holders on standard variable rates, a 0.25-point rise in rates would increase average monthly payments by £16, which most households could afford, the lender said.
Meanwhile, average monthly payments and loan terms for new car purchases are also on the rise.
Average monthly payments hit record highs in Q3 for auto loans and leases, Experian said.
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