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Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your ar decimal places. Omit the %

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Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your ar decimal places. Omit the "%" sign in your response.) Monthly mortgage payment = $2,200 Property taxes = $220 Heating costs = $135 Other housing costs = $90 Personal loan payment = $170 Car loan payment = $220 Credit card payment = $170 Gross monthly household income = $8,800 Gross Debt Service Total Debt Service

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