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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 = $2,675 Property taxes = $315 Heating costs = $230 Other housing costs = $185 Personal loan payment = $265 Car loan payment = $315 Credit card payment = $265 Gross monthly household income = $13,550 picture Click here for the Excel Data File Gross Debt Service Total Debt Service %

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