TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

GROSS DEBT SERVICE RATIO [1 record]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2008-12-15

English

Subject field(s)
  • Real Estate
DEF

The percentage of gross annual income required to cover payments associated with housing (mortgage principal and interest, taxes, secondary financing, space heating, and 50 % of condominium fees, if applicable). Most lenders prefer that the GDS be no more than 30 %.

French

Domaine(s)
  • Immobilier
DEF

Pourcentage du revenu annuel brut requis pour couvrir les paiements afférents à l'habitation (principal et intérêt hypothécaires, taxes, financement au second rang, chauffage, et 50 % du coût des charges dans un logement en copropriété, s'il y a lieu). La plupart des prêteurs préfèrent que l'ABD ne dépasse pas 30 % du revenu annuel brut.

Spanish

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TERMIUM Plus®, the Government of Canada's terminology and linguistic data bank
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