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7. Calculate the GDS and TDS ratios based on the following information: (4 marks) Please just provide the GDS and TDS answer in the text
7. Calculate the GDS and TDS ratios based on the following information: (4 marks) Please just provide the GDS and TDS answer in the text box - no need to show calculations, Appraised value of home $ 250,000 Amount of mortgage application $ 200,000 Monthly principal and interest payments $ 1,350 Bank line of credit (limit) $ 15,000 Credit card limit (limit) $ 10,000 Monthly credit card payments $ 450 Annual heating costs $ 2,400 Annual family income (gross) $ 76,452 Annual property taxes $ 4,200 Monthly credit line payments $ 600 Monthly Vehicle lease $ 175
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