Question
Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answers to 2 decimal places. Omit
Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answers to 2 decimal places. Omit the "%" sign in your response.)
Monthly mortgage payment = $2,650 Property taxes = $310 Heating costs = $225 Other housing costs = $180 Personal loan payment = $260 Car loan payment = $310 Credit card payment = $260 Gross monthly household income = $13,300
| Gross Debt Service | % |
| Total Debt Service | % |
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