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A couple presents you the following information: total gross income $100 000, total annual mortgage costs $14 000, annual property taxes $2 000, heating
A couple presents you the following information: total gross income $100 000, total annual mortgage costs $14 000, annual property taxes $2 000, heating costs $2 000, pool maintenance costs $1 000, and car payments of $5000. Calculate their TDS and express in numeric term only (not percentage) A couple presents you the following information: total gross income $100 000, total annual mortgage costs $14 000, annual property taxes $2 000, heating costs $2 000, pool maintenance costs $1 000, and car payments of $5000. Calculate their GDS. Alanna has a house worth $700 000, and an outstanding mortgage of $350 000. She is thinking about asking her bank for a HELOC. What is the maximum credit limit that could be offered?
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