Personal Financial Statements Flashcards

1
Q

TDSR

A

((Monthly housing costs) + (All other monthly debt payments))/(Gross monthly income)*100

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

GDSR

A

((Monthly mortgage payment) + (Property taxes) + (Heat))/(Gross monthly income)*100

How well did you know this?
1
Not at all
2
3
4
5
Perfectly