I’ve heard these terms thrown around by a few financial institutions from time to time. Here is a quick look and my quick take on them: Gross Debt Service Ratio (GDSR) – % income required to pay basic housing costs. Under the “basic” banner: mortgage payments (including principal and interest), condo fees (if you [...]
Source: http://feedproxy.google.com/~r/myownadvisor/CsCc/~3/B_rJgskuDZ4/
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