mat Painter d Font Paragraph Down Payment Size Premium Charged 59 4.com for a traditional down pyment) 4.50% (for a non-traditional down payment TO% 3.10 2.B0% 240% 1.106 6.605 a) Macy is going to the Royal Bank of Canada (RBC) to discuss her potential mortgage with them. RBC will be calculating Macy's Total Debt Service (TDS) ratio. Macy's gross annual income is $129,000. The property that she is looking to purchase would result in monthly heating costs of $475, condo fees of $1,900 per year, while her annual property taxes would be $4,750. Her only debt is a car loan of $875 per month. Calculate her TDS ratio using a monthly mortgage payment of $2,500. (1 mark) Calculation: b) Does Macy meet the TDS ratio requirement for CMHC default insurance? (Underline and highlight your response). (.5 mark) Yes or No c) Calculate Macy's mortgage default insurance using the above table Default Mortgage Insurance rates? (.5 mark) Calculation: The End of 13 3294 words DS English (United States) Type here to search O Bi