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Can you help with the below? 14. Calculating the GDS and TDS Ratios: Calculate the gross debt service (GDS) and the total debt service (TDS)
Can you help with the below?
14. Calculating the GDS and TDS Ratios: Calculate the gross debt service (GDS) and the total debt service (TDS) ratios for the following data.
Monthly mortgage payment = $2100 Property taxes = $200 Heating costs = $115 Other housing costs = $70 Personal loan payment = $150 Car loan payment = $200 Credit card payment = $150 Gross monthly household income = $7800
A: GDS Calculation =
A: GDS Percentage Value =
A: TDS Calculation =
A: TDS Percentage Value =
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