Try 7 days of FREE access to billions of articles

Start Free Trial

Chetwynd The Echo in Chetwynd, British Columbia

We have pages in British Columbia

View this page and access billions of articles with a 7-day free trial.

Start Free Trial

This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!

Start Free Trial

Cancel anytime, risk free

Not what you were looking for? Search our billions of articles

Advanced Search

Articles on This Page

This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Chetwynd The Echo

Location

Chetwynd, British Columbia, Canada

Date

May 02, 2000

Page

21

How Much Mortgage Can You Afford Using GDS and TDS

This summary explains two lender benchmarks, the Gross Debt Service ratio and the Total Debt Service ratio, to gauge housing affordability. It notes GDS typically should stay at or below 32 percent of gross monthly income and illustrates with a $5,000 gross monthly income the target housing costs are about $1,600 per month.

How much mortgage can you afford and TDS guidance

A financial column explains the Total Debt Service ratio and how to compute affordable monthly debt. It notes lenders prefer a TDS around 37 to 40 percent of gross income, outlines CMHC insurance for high down payments, and suggests amortization choices, extra payments, and prepayments to cut costs, urging consultation with a financial advisor.

Also Mentioned on This Page

Total Debt Service TDS Canada Mortgage and Housing Corporation CMHC The Investors Group Financial Services Inc Galaxy Quest Fight Club Dogma Stuart Little Three Kings the Insider Grace Comedy Family Chetwynd Public Chetwynd Talisman Talisman Energy Inc Calgary B.C Rocky Mountains Peace River Country Pine River Valley Prince George P.O. Box 49Th Avenue Fox Talisman-Energy Talisman-Energy.com
Search Courier

Search the Chetwynd The Echo Today with a Free Trial

We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.

Not Finding What You Were Looking for on This Page of The Chetwynd The Echo?

People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!

Looking Courier

Browse Newspapers

You can also successfully find newspapers by these browse options. Explore our archives on your own!

By Location

By Location

Browse by location and discover newspapers from all across the world.

Browse by Location
By Date

By Date

Browse by date and find publications for a specific day or era.

Browse by Date
By Publication

By Publication

Browse old newspaper publications to find specific newspapers.

Browse by Publication