Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answe
Posted: Sun May 29, 2022 6:29 pm
Calculate the Gross Debt Service (GDS) and the Total Debt
Service (TDS) ratios for the following data. (Round
your answers to 2 decimal places. Omit the "%" sign in your
response.)
Monthly mortgage payment = $2,575
Property taxes = $295
Heating costs = $210
Other housing costs = $165
Personal loan payment = $245
Car loan payment = $295
Credit card payment = $245
Gross monthly household income = $12,550
Service (TDS) ratios for the following data. (Round
your answers to 2 decimal places. Omit the "%" sign in your
response.)
Monthly mortgage payment = $2,575
Property taxes = $295
Heating costs = $210
Other housing costs = $165
Personal loan payment = $245
Car loan payment = $295
Credit card payment = $245
Gross monthly household income = $12,550