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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

 

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 Amount of mortgage application $ 250,000 $ 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 S 450 Annual heating costs Annual family income (gross) Annual property taxes Monthly credit line payments Monthly Vehicle lease $ $ 2,400 $ 76,452 SSS $ 4,200 600 $ 175

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