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Annual Income - $ 149,774.24 Property Tax - $ 291.95 Heating - $345.14 Principal -$20301.63 Interest -$20907.01 Using these information above, calculate 1. Total monthly

Annual Income - $ 149,774.24

Property Tax - $ 291.95

Heating - $345.14

Principal -$20301.63

Interest -$20907.01

Using these information above, calculate

1. Total monthly GDS expenses

2. GDS Ratio as a %

3. Do they qualify for GDS? If NO, Calculate the annual income required to qualify based on GDS.

4. If you have a consumer debt servicing in the amount of 749.11 per month, what is the TDS ratio as a % and the monthly TDS expense? Do they qualify for TDS? If NO, What is the annual income required to qualify based on TDS.

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