Problem 7-6 Calculating the GDS and TDS ratios [LO3] Calculate the Gross Debt Service (GDS) and the Total Debt Service (TDS) ratios for the following data. (Round your answers to 2 decimal places. Omit the "%" sign in your response.) Monthly mortgage payment = $2,575 Property taxes = $295 Heating costs = $210 Other housing costs = $165 Personal loan payment = $245 Car loan payment = $295 Credit card payment = $245 Gross monthly household income = $12,550 picture Click here for the Excel Data File Gross Debt Service Total Debt Service