X Part 1 With your Annual Income of: $135444.71 and the figures you already determined for a Stress Tested Monthly Mortgage Payment, and Property Tax of $, calculate Gross Debt Service Ratio. Assume the cost of heating the home will be $201.85. Do you qualify to purchase this home based on GDS Ratio? If not, what is the income that you would require? el Total Monthly GDS Expenses GDS Ratio as a % le: 3.45%- Do they Qualify on GDS? - Part 2 If you have consumer debt servicing in the amount of $1032.63 per month. What is the the TDS ratio? Do you qualify for the purchase based on this number? If no, what is the income required to qualiny? Total Monthly TDS Expenses TDS Ratio as a % le: 3.45%- Do they Quality on TDS? g In Instructions The City of Edmonton has assessed your property at a value of $0 and the Mill Rate is 8.6869. What are the Annual and Monthly property tax amounts? Help ori I Edit Annual Property Tax Amount Monthly Property Tax Amount B Instructions You will be getting possession of the home on July 1st. What will the property tax adjustment be? Who will have to pay? Adjustment Amount Who Pays Adjustment? m CA Section Value: 6