TDSR(Total debt service ratio)=(payment of principal and interest on mortgage+property tax +heating costs+50% of condominium fees+payments on other personal loan)/grss income. TDSR guidelines Currently range- u1 j8 w! O* t5 a
from 35% to 42% of gross income. 5 L: D& {; [9 g* N" H1 g+ F! WGDSR(gross debt service ratio)=(payment of principal and interest on mortgage+property taxes+heating costs+50% of condominium fees)/gross income.