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 = $2,450 Property taxes = $270 Heating costs = $185 Other housing costs = $140 Personal loan payment = $220 Car loan payment = $270 Credit card payment = $220 Gross monthly household income = $11,300
Gross Debt Service %
Total Debt Service %
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Financial Management Principles And Practice
Authors: Timothy J. Gallagher, Joseph D. Andrew
3rd Edition
0131768824, 978-0131768826
