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Amanda is confused as to what Gross Debt Service (GDS) ratio is. Provide Amanda with the correct answer. Your monthly mortgage loan repayments, heating costs,

Amanda is confused as to what Gross Debt Service (GDS) ratio is. Provide Amanda with the correct answer.

  1. Your monthly mortgage loan repayments, heating costs, property taxes and condominium fees divided by the total monthly gross household income
  2. Your monthly mortgage loan repayments, heating costs, property taxes and half of any condominium fees divided by the total monthly gross household income
  3. Your monthly mortgage loan repayments, cable/internet costs, property taxes and half of any condominium fees divided by the total monthly gross household income
  4. Your monthly mortgage loan repayments, maintenance costs, property taxes and condominium fees divided by the total monthly gross household income

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