How to Calculate Debt Service Ratios – Mortgage Math #2 with – Lenders calculate debt service ratios (GDS and TDS) before qualifying you for a mortgage. Drew Donaldson from Safebridge Financial walks through the calculations.

0:39 Gross Debt Service Ratio (GDS)
1:34 Total Debt Service Ratio (TDS)

Whether you’re a first-time homebuyer or a veteran homeowner, learning the ins and outs of the home buying process and the Canadian mortgage market can be a big undertaking. Produced by and The Loop by, Mortgage Math is an all-new video series dedicated to giving viewers all of the information and tools needed to navigate through the world of mortgages and homeownership.

Featuring some of’s best and brightest partners, you’ll not only learn about seven different aspects of the home buying process — like how to qualify for a mortgage, compare fixed and variable rates, and calculate CMHC insurance — but also follow along as our experts perform the related calculations in real-time on a whiteboard.

1. How to Get a Mortgage in Canada –
2. How to Calculate Debt Service Ratios –
3. The RRSP Home Buyers’ Plan –
4. Fixed and Variable Mortgage Rates –
5. How to Calculate CMHC Insurance –
6. How to Calculate Land Transfer Tax –
7. Mortgage Payment Options in Canada –

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